the republic logo

Montana resort founder faces 3 months more in jail after judge sets October trial date

bug
Share/Save/Bookmark

BILLINGS, Montana — The jailed founder of Montana's Yellowstone Club faces three months more in custody barring a higher court's intervention after a judge scheduled an October trial in his civil contempt case.

Sixty-five-year-old former billionaire Tim Blixseth has been jailed in Cascade County since April 20 on orders from U.S. District Judge Sam Haddon. Haddon wants to know what happened to $13.8 million from a Mexico resort property that Blixseth sold in defiance of another judge's order.

Creditors from the Yellowstone Club's 2008 bankruptcy have more than $250 million in judgments against Blixseth. They say the Medina, Washington man tried to hide what's left of his fortune to avoid paying.

Haddon set an October 19 trial.

An emergency petition for Blixseth's release is pending before the 9th U.S. Circuit Court of Appeals.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.