Vt. A.G. Clark: State of Vermont Reaches Global Settlement to Obtain Bar Order in EB-5 Cases
July 06, 2023
July 06, 2023
MONTPELIER, Vermont, July 6 -- Vermont Attorney General Charity Clark issued the following news release:
The State of Vermont, 64 individual plaintiffs who have sued the State, and the federal receiver for Jay Peak, Inc., et al., have reached an agreement to settle all pending and potential lawsuits against the State related to the eight Jay Peak EB-5 projects. The settlement agreement is conditioned upon entry of a bar order, which must be approved by the court overseeing the Jay P . . .
The State of Vermont, 64 individual plaintiffs who have sued the State, and the federal receiver for Jay Peak, Inc., et al., have reached an agreement to settle all pending and potential lawsuits against the State related to the eight Jay Peak EB-5 projects. The settlement agreement is conditioned upon entry of a bar order, which must be approved by the court overseeing the Jay P . . .