Justice Family Closes on Greenbrier Deal, Congratulates New Chairman

Justice family finalizes “partnership” with new financier for Greenbrier Resort

CHARLESTON – The latest drama surrounding U.S. Sen. Jim Justice and the historic Greenbrier Resort in White Sulphur Springs appears to be over, with a deal finalized with a new financier, the federal court case brought by the previous lender…

Justice family, New York lender say Greenbrier deal secured, casino to stay open

The holding company for the Greenbrier business empire of United States Sen. Jim Justice, R-W.Va., and his family announced it has entered into a long-awaited joint venture aimed at staving off a court-appointed takeover of the Greenbrier portfolio. The company, Justice Family Group, also announced it had received authorization from the West Virginia Lottery Commission to continue operations at the Greenbrier Hotel Corp.’s casino while the commi…

Justice family closes on Greenbrier deal, congratulates new chairman

CHARLESTON, W.Va. (WOWK) -- After months of litigation and financial negotiations, it appears the historic Greenbrier Resort and connected properties will remain under the Justice family's partial ownership. Following the closure of a half-billion-dollar financial agreement, Kennedy Lewis Investment Management (KLIM), a New York-based asset management firm that frequently invests in clients with distressed debt, [...]

Justice family completes $500 million Greenbrier refinancing deal, avoids casino closure

The Justice family announced that it closed on a $500 million refinancing deal Friday for The Greenbrier.

Investment firm takes majority ownership of Greenbrier Resort following deal with Justice Family

GREENBRIER, WV (WOAY) – Sen. Jim Justice and his family have closed a deal with New York investment firm Kennedy Lewis for the Greenbrier hotel in a half-billion-dollar joint venture. In a press release, the Justices said the transaction will bring long-term investment and stability to the hotel. “Today marks an exciting new chapter for The Greenbrier and an important moment for everyone who loves this resort,” Jill Justice said. “This property …

Greenbrier Resort Changes Hands as New York Firm Takes Majority Control

West Virginia's historic Greenbrier Resort in White Sulphur Springs is under new ownership. Governor Patrick Morrisey confirmed Friday that Kennedy Lewis, a New York-based private credit and opportunistic asset firm, now holds majority ownership and controlling interest in the property, according to a statement reported by WSLS 10 and WVNS. Morrisey welcomed the firm to West Virginia while pledging to protect both the resort and its workforce th…