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West Virginia Governor Jim Justice, a Republican candidate for U.S. Senate, is fighting to keep his iconic Greenbrier Hotel.

A legal notice announcing the auction of the luxury resort near White Sulphur Springs over unpaid debts was published in the West Virginia Daily News on Wednesday — the latest development in the Justice family’s financial woes.

Justice, who owns dozens of companies and whose net worth was estimated by Forbes at $513 million in 2021, has been accused of Many lawsuits Due to his delay in paying millions of dollars in debts owed to family companies and fines. Unsafe working conditions in coal mines.

He began serving his first two terms as governor in 2017, after purchasing the Greenbrier Resort, which has hosted U.S. presidents and royals, after it emerged from bankruptcy in 2009. The PGA Tour held a tournament at the resort from 2010 through 2019.

His family also owns The Greenbrier Sports Club, a private luxury community with a “resort within a resort” for members only. It is scheduled to be auctioned this year. In an attempt by Carter Bank & Trust in Martinsville, Virginia, to recover more than $300 million in business loans that the governor’s family had defaulted on, a legal battle between the Justice family and the bank has delayed the process.

The auction, which includes 60.5 acres — including the hotel itself and an adjacent parking lot — is scheduled for Aug. 27 at 2 p.m. at the Greenbrier County Courthouse in Lewisburg, according to a notice Wednesday.

A Justice Department spokesman said the impending auction is not a government matter and the governor’s office would not comment on the matter. Campaign staff did not respond to an email from The Associated Press on Thursday.

In a statement to the West Virginia Metro News, Justice Department attorney Bob Wolford accused JPMorgan Chase of teaming up with Democrats “to undermine the next Republican senator from West Virginia.”

The Justice family originally took out a $142 million loan in 2014 from JPMorgan Chase, and only $9.4 million of the debt remained after payments were made as recently as June of this year, the statement said. On July 1, JPMorgan Chase notified the governor that it had sold the Justice loan to Beltway Capital Management, which declared it in default.

The Senate Financial Disclosure Report, filed by Justice on July 13 — after the loan was sold to Beltway — identified Greenbrier’s debt at between $25 million and $50 million.

“Let me make it clear that Greenbrier will not be sold, and the Justice family will take all necessary steps to ensure that there is no negative impact on their ownership of Greenbrier, Greenbrier’s operations, or Greenbrier’s ability to continue to provide world-class service to its guests without interruption,” Wolford told MetroNews.

West Virginia Democratic Party officials said in a statement that the resort reservation was not the result of a political ploy, as Justice’s family attorneys allege.

They said this was “a direct result of his financial incompetence.”

JPMorgan Chase declined to comment.

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