Current:Home > MarketsWest Virginia Republican Gov. Jim Justice in fight to keep historic hotel amid U.S. Senate campaign -WealthPro Academy
West Virginia Republican Gov. Jim Justice in fight to keep historic hotel amid U.S. Senate campaign
View
Date:2025-04-17 00:44:40
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! (78)
Related
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- Ron Hale, retired 'General Hospital' soap opera star, dies at 78
- Ohio girl concedes cutting off tanker that spilled chemical last year in Illinois, killing 5
- SEC, Big Ten moving closer to taking their college football ball home and making billions
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- This couple’s divided on politics, but glued together by love
- Dodgers legend and broadcaster Fernando Valenzuela on leave to focus on health
- Kim Kardashian Defends Lyle Menendez and Erik Menendez From Monsters Label, Calls for Prison Release
- A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
- Nikki Garcia Gets Restraining Order Against Ex Artem Chigvintsev After Alleged Fight
Ranking
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- What kind of dog is Snoopy? Here's some history on Charlie Brown's canine companion.
- Tesla recalls over 27,000 Cybertrucks for rearview camera issue that could increase crash risk
- SEC showdowns highlight college football Week 6 expert predictions for every Top 25 game
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Man pleads not guilty to killing 3 family members in Vermont
- Progressive prosecutors in Georgia faced backlash from the start. They say it’s all politics.
- Texas man sought in wounding of small town’s police chief
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Why Zendaya Hasn’t Watched Dancing With the Stars Since Appearing on the Show
Eminem's daughter Hailie Jade reveals pregnancy in 'Temporary' music video
A crash saved a teenager whose car suddenly sped up to 120 mph in the rural Midwest
Meta releases AI model to enhance Metaverse experience
Micah Parsons injury update: When will Cowboys star pass rusher return?
Karen Read seeks delay in wrongful death lawsuit until her trial on murder and other charges is done
Kim Kardashian calls to free Erik and Lyle Menendez after brutal 1996 killings of parents