Aug 14, 2024, 5:24 PM
Aug 14, 2024, 5:24 PM

West Virginia Governor Blames Politics for Resort Auction

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Highlights
  • West Virginia Gov. Jim Justice blames politics for the sudden auction of the Greenbrier resort.
  • The $50M resort will be sold at auction in Lewisburg on Aug. 27.
  • Justice lashes out at Democrats and lienholders amid a key Senate bid.
Story

Jim Justice, the Republican U.S. Senate nominee and former governor of West Virginia, is facing an impending auction of his prized Greenbrier luxury resort, a situation he attributes to political maneuvering. Justice, who transitioned from Democrat to Republican, expressed his belief that the auction is a politically motivated attack linked to his Senate campaign. He stated that if he were not running for office, the issue would likely have remained unnoticed. The Greenbrier resort, which Justice rescued in 2009, is currently under a $142 million lien from JPMorgan, which has reportedly been reduced to $9.4 million. Justice's campaign and his office have not commented extensively on the matter, but he described the situation as a "terrific burden" that disrupts his political ambitions. He emphasized that the longstanding relationship between his family’s businesses and JPMorgan has been positive until now. In a statement, the Justice Companies condemned the lien as a "deceitful move" by JPMorgan, suggesting it is part of a broader Democratic strategy to undermine Justice's candidacy. Meanwhile, JPMorgan and Beltway Capital have not responded to inquiries regarding the situation. Justice also criticized JPMorgan CEO Jamie Dimon for his past Democratic affiliations, asserting that the Democratic Party is not responsible for his financial challenges. Despite the looming auction, Justice remains resolute, with assurances from his spokesperson that the Greenbrier will not be sold and that operations will continue uninterrupted, aiming to maintain the resort's reputation for world-class service.

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