05 September 2008

Humber Valley Resort gets 30 day creditor protection

The owners of Humber Valley Resort sought and obtained court protection for at least 30 days in order to develop a financial reorganization plan to creditors.

Only three weeks ago, the resort owners announced a major restructuring.

The resort owners are reportedly in discussions with government, as they have been apparently since last year, seeking some form of government financial support.

-srbp-