“A chance for settlement.” That’s what Mammoth’s Assistant Town Manager said about mediation talks between the Town and Mammoth Lakes Land acquisition. Marianna Marysheva-Martinez said the court-ordered mediation talks Monday and Tuesday will now continue into Thursday (today). She called this a positive development. The details and nature of talks remain confidential. At stake – […]
While the Town of Mammoth prepared to file for bankruptcy protection, a Mammoth Lakes Land Acquisition attorney made it clear that MLLA will fight that bankruptcy, doesn’t think Mammoth is eligible for bankruptcy, and maintains that Town officials have refused to accept the responsibility to pay their debt. Dan Brockett has handled the MLLA lawsuit […]
As expected, and as clearly planned, the Mammoth Town Council voted unanimously this morning at 10:20 to enter Chapter 9 bankruptcy. A filing will now go to a bankruptcy court. Mayor Matthew Lehman read a press statement in which the Council assures that public services will continue as usual, with support from other local agencies. […]
In the Town of Mammoth Lakes, it’s a broken record – nothing new with MLLA, the holders of the ominous $43 million debt owed by the Town. What officials say they do know is that inability to pay off that debt by June 30th will lead to a fiscal emergency and bankruptcy unless settlement comes […]
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