The sale of defaulting Mountain West hotels in Clarksburg and Elkins, W.Va., will continue, following an evidentiary hearing yesterday in the U.S. District Court for the Northern District of West Virginia, the West Virginia Metro News reported. “There is no ground that I can find to stop the bankruptcy sale because there is no factor of irreputable harm,” U.S. District Judge Irene Keeley ruled after over two hours of testimony. Mountain West owes $17 million in outstanding debt for two hotels to the lender, as well as hundreds of thousands of dollars in back taxes to state and local governments. The case, which was originally filed on May 20, diverted into U.S. bankruptcy court and has since been kicked out after Mountain West failed to meet deadlines for financial documentation.
