Family of West Virginia Gov. Jim Justice, running for Senate, makes deal to avoid hotel foreclosure

CHARLESTON, W.Va. (AP) — The family of West Virginia Gov. Jim Justice has reached an agreement with a credit collection company to avoid the foreclosure of their historic hotel as he runs for U.S. Senate, the resort announced Thursday.

The Republican governor’s family had been set to appear in court Friday to ask a judge to halt the auction of The Greenbrier, which had been scheduled for Tuesday. That hearing has been canceled.

“It’s taken care of, and we move forward, and The Greenbrier is as whole as it can possibly be,” Justice said at a news briefing. “The Greenbrier is going to be in our family forevermore.”

The hotel came under threat of auction after JPMorgan Chase sold a longstanding loan taken out by the governor to a credit collection company, McCormick 101 — a subsidiary of Beltway Capital — which declared it to be in default. In a statement, the Justice family said it had reached an agreement with Beltway Capital to “receive a specific amount to be paid in full by October 24, 2024.”

The family said it had already secured the money, although the Justices did not specify the amount.

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