Yesterday a judge decided that Park City Mountain Resort (PCMR) wasn't right in their battle against Vail. Without repeating what the press and other pundits has been saying about this endless soap opera, here's my take:
The judge was right and John Cumming, dead wrong. However, Mr. Cumming is not just into some irrational denial; he's very rich, he's a bully, he's an arrogant brat and he's ready to apply a scorched-earth policy and won't be removed that easily.
So he appeals the decision to gain some time and might be able to operate PCMR for another winter season, at least.
The sole ray of hope and rationality in that insane story is that father, Ian, who has expressed his disapproval by purchasing Snowbird under his own name, not that of Pwdr Corp, will bring his feisty son to reason and may negotiate the best possible deal he can with Vail.
This said, expect many more months of white-knuckle driving by Mr. Katz, Vail CEO, and all along, an uncertain outcome because the bad guys are not just mean, they're both rich and irrational.
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