NETFLIX FOUNDER SADDLED WITH $76M IN EB-5 DEBT AT NORTH AMERICA’S BIGGEST SKI RESORT: LAWSUIT
https://s.yimg.com/ny/api/res/1.2/GLr7pcOn3i3O_E9EONYeeg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/the_real_deal_435/91efd3ac9a6ba913823c38a6705f6029
✍️ Netflix founder Reed Hastings is being sued by EB-5 investors who claim he's responsible for unpaid debt tied to Utah's Powder Mountain ski resort.
👉 EB-5 investors claim Hastings is responsible for unpaid debt tied to Powder Mountain ski resort 👉 Investors loaned $42 million to the resort's development 👉 Hastings acquired the resort in 2023 and rebranded it as Powder Haven 👉 Investors claim they were not consulted about Hastings' involvement in the resort's development 👉 Hastings is seeking to have the lawsuit dismissed
-- #ReedHastings #AlexanderShing #GregMauro #ElliottBisnow #TangTang #Utah #NorthAmerica #PowderMountain #SaltLakeCity #Eden #Paradise #business
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