Toggenburg Mountain Sold

[Harvey]

Wow. On one hand it sounds like they got them dead to rights but on the other, I hate to see any money getting sucked out of the resorts. Does that mean their covenant is reversed as well?

My thoughts exactly. Yes the covenant is dead. Good call Camp.

Legally, she's probably right. And hard to believe that the parties lawyers didn't give better counsel.

But this won't create more skiers or more sustainable ski areas in CNY.

 

[x10003q]

Attorney General James Takes Action Against Central New York Ski Resorts for Unfair and Illegal Practices

AG James Sues Intermountain for Buying Competitor and Shutting It Down to Reduce Competition Greek Peak Mountain Owner to Pay $195,000 for Illegal Noncompete

ag.ny.gov

This is good work by NYS. These owners of Greek Peak (John H. Meier) and Intermountain (Peter Harris and Richard Sykes) were screwing the local workforce with no poach agreements and screwing local skiers and borders by reducing their choices and by closing Togg. Disgusting.

"The OAG ended these illegal agreements and Mr. Meier will pay $195,000 to the state, which is the amount he was paid by Intermountain for the agreement. Mr. Meier is also required to cooperate with OAG’s litigation against Intermountain.

As part of the lawsuit against Intermountain, Attorney General James is seeking to require Intermountain to sell one of its resorts and rescind its illegal noncompete agreement. In addition, Attorney General James is seeking monetary relief for the ill-gotten gains from Toggenburg customers forced to move to Intermountain, and civil penalties for Intermountain’s unfair and illegal business practices."

 

[Brownski]

The no poach agreements may be the most offensive part for me. It’s not like lifties are getting teamster wages.

 

[Johnny V.]

But this won't create more skiers or more sustainable ski areas in CNY.

This. Even though the clause goes away, is there any chance Togg would reopen as a ski hill, much less a profitable one?

 

[Harvey]

This. Even though the clause goes away, is there any chance Togg would reopen as a ski hill, much less a profitable one?

I agree with you Johnny hell I said it originally so I guess that makes sense. But really the ag's job is not to consider any of that it's to find violations of the law and prosecute them if she thinks it's important enough. I'm sure she thinks this penalty could serve to prevent others from engaging in this kind of practice.

 

[Campgottagopee]

Crazy!!

 

[Campgottagopee]

The no poach agreements may be the most offensive part for me. It’s not like lifties are getting teamster wages.

Can't find anyone who wants to work anyway.
There are jobs, damn good ones, all over the place and nobody wants to work.

 

[Harvey]

Mr. Meier will pay $195,000 to the state, which is the amount he was paid by Intermountain for the agreement.

I though it was more than that.

Toggenburg Mountain ski resort sold, will close after nearly 70 years

New owner says Toggenburg's operations will be absorbed into that of Song and Labrador ski resorts.

www.syracuse.com

 

[Harvey]

Can't find anyone who wants to work anyway.
There are jobs, damn good ones, all over the place and nobody wants to work.

We are having a hard time hiring for sure, but unemployment is very low.

 

[Benny Profane]

Nice. Somebody was paying attention. I'll bet the no poach deal was a step too far. A few employees were probably really pissed.