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Published on 6/18/2009 in the Prospect News Distressed Debt Daily.

Yellowstone Mountain Club reports $2.49 million net loss for May

By Caroline Salls

Pittsburgh, June 18 - Yellowstone Mountain Club, LLC reported a $2.49 million net loss for May on $652,243 in sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Montana.

The figures showed a decline from the $2.16 million net loss posted for April on $713,355 in sales.

As of May 31, Yellowstone had $1.15 million in cash, up from $302,227 at the end of April.

Located in Big Sky, Mont., Yellowstone Club is a 13,400-acre private club in the Rocky Mountains. It filed for bankruptcy on Nov. 10, 2008. Its Chapter 11 case number is 08-61570.


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