News you can use

Jury: Founder of posh resort used wife to shield assets

BILLINGS — A federal jury awarded creditors of a Montana resort for the ultra-rich a $9 million judgment against the wife of the resort’s founder after she was accused of helping conceal assets in the fallout from the club’s bankruptcy.

The verdict against Jessica Ferguson was reached Tuesday and released Wednesday by U.S. District Court in Seattle.

Ferguson is the wife of Tim Blixseth, who founded the posh Yellowstone Club near Big Sky that went bankrupt in 2008.

Creditors represented by the Yellowstone Club Liquidating Trust argued that Blixseth transferred to Ferguson a jet, two...

 

Reader Comments(0)

 
 
Rendered 03/13/2024 14:27