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Court Settles Seven Springs Owners' Sale Rights

PHILADELPHIA-During four years of litigation, Vail, CO-based Booth Creek Holdings withdrew its offer of $88.5 million to purchase the Champion, PA-based Seven Springs Resort. Yesterday, the Pennsylvania Supreme Court

By Marita Thomas | Updated on July 18, 2002

PHILADELPHIA-A four-year family battle over the rights to sell Champion, PA-based Seven Springs Mountain Resort was resolved yesterday by the Pennsylvania Supreme Court. In a 4-1 decision, the court ruled that two of the three families that own the 5,000-acre property have the right to sell it to an outsider without first offering it to the third family.

The family members involved in the litigation are Herman Dupre, current president of the resort and son of the 70-year-old property’s founder; his sister, Luitgarde Dupre Sujansky; and their sister in law, Lois Dupre Shuster, the remarried widow of Phillip Dupre.

In 1998, Vail, CO-based Booth Creek Holdings offered $88.5 million for the resort in a merger deal. Dupre and Sujansky wanted to merge the resort into a subsidiary of Booth Creek and maintain the Seven Springs identity. Shuster argued such a veiled sale by the shareholders should be prohibited by a buy-sell agreement that all three owners signed in 1969.

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