Omni affiliate labels proposed Greenbrier financing as highly speculative

Omni affiliate renews Greenbrier takeover bid after Justices reveal financing partner

United States Sen. Jim Justice and his family have revealed the financial partner they have proposed to lend their teetering business empire up to $500 million in a planned deal they say is sufficient to stop an international hotel chain affiliate from taking over the family’s historic Greenbrier resort. But that hotel chain affiliate isn’t satisfied with a heavily redacted financial term sheet the Justices want a federal court to accept as the …

Greenbrier litigation continues with questions over financing agreement terms

White Sulphur Springs Holdings is responding to the latest filing in the ongoing legal battle surrounding the historic Greenbrier resort.

Omni affiliate labels proposed Greenbrier financing as highly speculative

Sizing up a proposed half-billion dollar finance agreement for outstanding debt on The Greenbrier Hotel, lawyers for an affiliate of rival Omni Hotel & Resorts are not impressed. Attorneys for White Sulphur Springs Holdings, which is vying in a federal court case for control of the historic Greenbrier, contend the term sheet is being characterized as solid while it’s actually a delay tactic. They argue the lawyers for the owners of The Greenbrie…