TLDR:
- A Virginia bank is planning to auction off land at a sporting club owned by West Virginia Governor Jim Justice to recover more than $300 million in unpaid business loans.
- The auction involving the Greenbrier Sporting Club lots is scheduled for March 5th.
- Justice revealed in a 2021 lawsuit that he personally owes $368 million in remaining loan debt to Carter Bank & Trust.
A Virginia bank is seeking to recover more than $300 million in unpaid business loans from West Virginia Governor Jim Justice by auctioning off land at a sporting club owned by the governor. The auction, scheduled for March 5th, will involve the Greenbrier Sporting Club lots located at Justice’s posh resort, The Greenbrier. In a 2021 lawsuit, Justice revealed that he owes $368 million in remaining loan debt to Carter Bank & Trust. The governor has also faced court claims for late payments of fines owed for unsafe working conditions at his coal mines. Justice, a Republican, is finishing his second term as governor and is running for the U.S. Senate seat currently held by Democrat Joe Manchin.
