Firm to market Snö Mountain
PHILADELPHIA - A bankruptcy judge has approved the hiring of a Montgomery County investment banking firm to market Snö Mountain for sale.
Judge Jean FitzSimon issued a recent order allowing trustee Gary Seitz to retain SSG Advisors LLC of West Conshohocken to promote the sale of the recreation complex. Snö Mountain filed for bankruptcy reorganization in October.
Last month, the judge ordered the sale of the debt-strapped ski and water park attraction at an auction by March 1.
Snö Mountain, which opened for skiing last week, reported in December it faces more than $24 million in liabilities.