<p style=“margin: 0px;”><font face=“Calibri” size=“3”>I missed this on NESI. With all the legal stuff against Majella
here and in Australia, I don’t see them having much interest in, or being able to
complete the sale and run Saddleback. Do the Berrys have the ability legally to
drop the deal Majella?</font></p>
<p style=“margin: 0px; line-height: normal;”>
<font face=“Times New Roman” size=“3”><img width=“100” height=“100” alt=“Prospective Saddleback Buyer Talked of Arranging Hostesses ‘So We Don’t Have to Get the Bloody Brothel Licence’” src=“file:///C:/Users/tomwh/AppData/Local/Temp/msohtmlclip1/01/clip_image002.jpg” border=“0” v:shapes=“Picture_x0020_2” /></font></p>
<p style=“margin: 0px; line-height: normal;”>Prospective Saddleback Buyer Talked of Arranging Hostesses ’So
We Don’t Have to Get the Bloody Brothel Licence’</p>
<p style=“margin: 0px; line-height: normal;”>Majella is facing multiple lawsuits
in Australia.</p>
<p style=“margin: 0px; line-height: normal;”>Wednesday, May 2, 2018,
NewEnglandSkiIndustry.com</p>
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Saddleback Base Lodge, March 18, 2018
Majella CEO Sebastian Monsour was planning to set up "private
entertainment spaces" from Australia to the United States with special
arrangements “so we don’t have to get the bloody brothel licence,”
the Courier Mail reports.
According to the Courier Mail, Monosour told employees, "You never tell
the wives this."
The Courier Mail also reports that La Trobe Financial won a $659,184.84 default
judgment against Majella in March and that an entity named Hays successfully
sued over an outstanding $34,569.15 invoice in February. Queensland Business
Monthly reports that multiple individuals have not been paid wages from
Majella.
In addition, the Courier Mail reports a foreign Majella investor is suing
Monsour and Majella in Queensland Supreme Court for "misleading and
deceptive conduct" and that Monsour is claiming “privilege against
self-incrimination."
Background
The latest saga dates back to July 2015, when the Berry family, owners of
Saddleback, announced the Rangeley double was "at end of its useful
life" and that operations would cease if the lift could not be replaced.
The lift was not replaced and the ski area sat idle for the following two
winters.
On June 28, 2017, the Berry family announced Saddleback was being sold to the
Majella Group. At that time, Majella announced the sale would be
completed later in the summer and that a new fixed grip quad chairlift and
T-Bar would be installed in 2017. At the time, Majella did not commit to
operating in 2017-18.
On September 18, 2017, Majella declared "dominoes have fallen into
place" and that “physical work is starting” and that "the first step will be taking down the existing Rangeley
lift." As of mid December, the chairs remain on the Rangeley
Double. However, chairs were removed from the other lifts and remain on the
ground, now buried in snow. Saddleback’s lifts have not passed state inspection
since November 2014.
Also on September 18, with regard to a 2017-18 reopening, Majella posted,
"only thing that is going to hold up or delay this process is Mother
Nature" and that Majella was "committed to opening in some capacity for the
2017-18 ski season, assuming Mother Nature does not deliver an early winter
with heavy snow."
On November 9, Majella announced delays in the sale, while also
adding uncertainty to a 2017-18 reopening by stating it "will not be a
full opening, rather a limited operation that, if possible, will allow our
Saddlebackers and their families to return and enjoy the mountain in some
capacity."
On November 21, NBC Portland reported it had "learned exclusively that the money isn’t there," adding "if the
group doesn’t come up with the money soon, the deal could fall apart
entirely."
In March 2018, NBC Portland released leaked audio in which Monsour stated
“I have a very very very small amount of funds” and that
"opening the mountain at Saddleback for the Saddleback Resort is not a
primary concern for us."
Saddleback did not operate during the winter of 2017-18.</p>
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