West Virginia Gov. Jim Justice's Family Reaches Deal to Prevent Greenbrier Foreclosure
The agreement comes as Justice campaigns for a US Senate seat, averting a scheduled auction of the historic hotel.
- The Justice family secured funds to pay off the loan by October 24, 2024.
- A court hearing to halt the auction of The Greenbrier was canceled following the agreement.
- The auction threat emerged after JPMorgan Chase sold the hotel's loan to a credit collection company.
- Employees at The Greenbrier faced potential loss of health coverage due to unpaid contributions.
- Justice claims the loan sale was politically motivated to damage his Senate campaign.