Wolf Mountain bears a new name, familiar management, and lots of short-term rental homes as its parent company weaves its way through Chap. 11 federal bankruptcy protection.
The weather has been kind this winter to this local ski hill formerly known as Wolf Creek Utah, Manager Jeremy Maughan told OnTheSnow. Snowmaking guns have fired up most every night because of cold temperatures in Eden and the valley, and the northern aspect of the slopes has kept the snow on the hill, said Maughn, who was kept to run the area by the court.
The Wolf Creek resort owners had to relinquish control of about 120 private homes once they declared for bankruptcy protection last year. That inventory went under property management of four firms in the Eden area, said Maryanne Ballard, owner of one of them, Valley Escapes. The others are Utah Lodging, Northstar Lodgings, and Basinview Lodging.
"None of the packages before bankruptcy are valid," Ballard said, noting that several on the mountain's website were outdated, but new deals were in the offing, such as the fourth-night-free and $25 lift-ticket offers she has at Valley Escapes.
Maughn said that a restructuring plan will get its first audience in federal bankruptcy court in Salt Lake City Feb. 14.
"It'll take time for the judge to rule on it, but we are still open and operating," he said, noting that skier-visits have been off the typical 100,000-a-season pace.
Wolf Creek Properties sought temporary protection in June 2010,for its 3,000-acre master planned recreation facility. The resort includes a golf course, lake, tennis and racquetball courts, plus the 1,000 vertical-foot ski mountain.