2 Park City ski areas still fighting lease dispute
Tuesday , May 22, 2012 - 6:25 AM
PARK CITY -- Park City Mountain Resort says it's still hoping to resolve a lease dispute that threatens to shut down the ski area even as it amends a lawsuit against a cross-town rival.
Park City Mountain Resort has added antitrust claims to its March lawsuit against the parent company of the Canyons Resort, claiming its landlord is trying to ruin a competitor.
The Canyons' Toronto-based resort operator, Talisker Corp., owns much of the land where Park City Mountain Resort operates. It's offering the nearby ski area a new lease, but argues terms of a previous lease expired.
Park City Mountain Resort insists it has an option to extend the lease for years longer and that Talisker is trying to dramatically increase its cost of business.
Both sides say they hope to resolve the dispute with negotiations.STORY:2012052200532 Park City ski areas still fighting lease dispute/Business/2012/05/22/2-Park-City-ski-areas-still-fighting-lease-dispute.html-1