Charleston Gazette-Mail
CHARLESTON, W.Va. — The family of Gov. Jim Justice said in a news release sent late Tuesday that all debts on the historic Greenbrier Resort and the Resort at Glade Springs — both of which the family owns — have been satisfied with Beltway Capital, which was set to auction the properties on Oct. 25.
The news release, sent by a Michigan-based law firm, says the auction has been canceled.
“This significant achievement comes as part of the family’s ongoing commitment to ensure the long-term stability and prosperity of their holdings,” the news release says, in part, “including The Greenbrier Resort, America’s Premier Resort.”
This announcement follows an Oct. 10 public notice that the Justice family had defaulted under the terms and conditions of a deed of trust that took effect in 2014, executed by the Justice family-controlled Greenbrier Hotel Corp. The family purchased the Greenbrier in White Sulphur Springs in 2009.
The Oct. 25 auction was the second auction set on the property. The first auction was averted on Aug. 22, when Justice’s family reached an agreement with Beltway Capital to stop the sale of the family’s Greenbrier assets, including the historic Greenbrier Hotel, according to a news release issued that day.
