Current:Home > MyWest Virginia Republican Gov. Jim Justice in fight to keep historic hotel amid U.S. Senate campaign -VisionFunds
West Virginia Republican Gov. Jim Justice in fight to keep historic hotel amid U.S. Senate campaign
View
Date:2025-04-18 14:33:51
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice, a Republican candidate for U.S. Senate, is in a fight to keep his iconic Greenbrier hotel.
A legal notice announcing a public auction for the luxury resort near White Sulphur Springs due to unpaid debts was publicized in the West Virginia Daily News Wednesday — only the latest development in the Justice family’s financial woes.
Justice, who owns dozens of companies and whose net worth was estimated by Forbes Magazine to be $513 million in 2021, has been accused in numerous court claims of being late in paying millions of dollars he owes in debts for family businesses and fines for unsafe working conditions at his coal mines.
Justice, who began serving the first of his two terms as governor in 2017, bought The Greenbrier, which has hosted U.S. presidents and royalty, out of bankruptcy in 2009. The PGA Tour held a tournament at the resort from 2010 until 2019.
His family also owns The Greenbrier Sporting Club, a private luxury community with a members-only “resort within a resort.” That property was scheduled to be auctioned off this year in an attempt by Carter Bank & Trust of Martinsville, Virginia, to recover more than $300 million in business loans defaulted by the governor’s family, but a court battle between the Justice family and the bank delayed that process.
Wednesday’s notice said the auction involves 60.5 acres — including the hotel itself and the adjacent parking lot — and is scheduled for August 27 at 2 p.m. at the Greenbrier County Courthouse in Lewisburg.
A spokesperson for Justice said the impending auction is not a state government matter and the governor’s office wouldn’t comment. Campaign staff did not return an email from The Associated Press Thursday.
In a statement to West Virginia MetroNews, Justice attorney Bob Wolford accused lender JPMorgan Chase Bank of aligning with the Democrats “to undermine the next Republican Senator from West Virginia.”
The statement said that the Justice family originally secured a $142 million loan in 2014 from JPMorgan Chase and that only $9.4 million in debt remains after payments made as recently as June of this year.
On July 1, the governor was notified by JPMorgan Chase that it had sold Justice’s loan to Beltway Capital, which declared it to be in default.
“Let me be clear that the Greenbrier will not be sold, and the Justice family will take all necessary action to ensure that there will not be any adverse impact on their ownership of the Greenbrier or the Greenbrier’s operations and the ability of the Greenbrier to continue to provide world class service for its guests will be uninterrupted,” Wolford told MetroNews.
veryGood! (223)
Related
- Small twin
- Video shows moment police arrest Duane Keffe D Davis for murder of Tupac Shakur
- Rangers rookie sensation Evan Carter's whirlwind month rolls into ALDS: 'Incredibly cool'
- Strong earthquake and several aftershocks reported in western Afghanistan
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Hilary Duff Shares How She Learned to Love Her Body
- California Gov. Gavin Newsom signs law requiring big businesses to disclose emissions
- Vermont police search for armed and dangerous suspect after woman found dead on popular trail
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Precision missile strike on cafe hosting soldier’s wake decimates Ukrainian village
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange’s co-founder tells jury
- Morgan State University historically cancels homecoming after shooting: Why this is a huge deal.
- Strong earthquake and several aftershocks reported in western Afghanistan
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- What's open, closed Monday on Columbus Day and Indigenous People's Day 2023
- Man found guilty of murder in deaths of 3 neighbors in Portland, Oregon
- Judge Lina Hidalgo felt trapped before receiving depression treatment, now wishes she'd done it sooner
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
3 indicted in overdose death of 1-year-old at 'fentanyl mill' Bronx day care
‘We are at war': 5 things to know about the Hamas militant group’s unprecedented attack on Israel
Judge rules man accused of killing 10 at a Colorado supermarket is mentally competent to stand trial
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Former Tropical Storm Philippe’s remnants headed to waterlogged New England and Atlantic Canada
NJ attorney general looking into 2018 investigation of crash involving Nadine Menendez
The race is on for NHL rookie of the year 2023: Here's a look at top players