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Ritzy Montana Resort Able to Stay Open

 

HELENA, Mont. -- Montana tax officials said they are closely watching the Yellowstone Club bankruptcy proceedings.

The ritzy resort near Yellowstone National Park is going through a bankruptcy as it looks to reorganize mounting debt amid tight credit markets.

The club was even uncertain it could open this winter until a Butte bankruptcy judge this week approved another loan for the ski resort and housing development. Now the Department of Revenue wants to make sure taxes get paid. ...

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