{"id":18092,"date":"2025-07-17T13:06:17","date_gmt":"2025-07-17T13:06:17","guid":{"rendered":"https:\/\/www.volen.ru\/blog\/novosti\/investory-pretenduyut-na-76-millionov-dollarov-v-dolgah-eb-5-privyazannom-k-poroshkovoy-gore-yuty\/"},"modified":"2025-07-17T13:06:17","modified_gmt":"2025-07-17T13:06:17","slug":"investory-pretenduyut-na-76-millionov-dollarov-v-dolgah-eb-5-privyazannom-k-poroshkovoy-gore-yuty","status":"publish","type":"post","link":"https:\/\/www.volen.ru\/blog\/novosti\/investory-pretenduyut-na-76-millionov-dollarov-v-dolgah-eb-5-privyazannom-k-poroshkovoy-gore-yuty\/","title":{"rendered":"\u0418\u043d\u0432\u0435\u0441\u0442\u043e\u0440\u044b \u043f\u0440\u0435\u0442\u0435\u043d\u0434\u0443\u044e\u0442 \u043d\u0430 76 \u043c\u0438\u043b\u043b\u0438\u043e\u043d\u043e\u0432 \u0434\u043e\u043b\u043b\u0430\u0440\u043e\u0432 \u0432 \u0434\u043e\u043b\u0433\u0430\u0445 EB-5, \u043f\u0440\u0438\u0432\u044f\u0437\u0430\u043d\u043d\u043e\u043c \u043a 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\u0432\u044b\u0437\u0432\u0430\u043b\u043e \u0443\u0432\u0435\u0434\u043e\u043c\u043b\u0435\u043d\u0438\u0435 \u043f\u043e \u0443\u043c\u043e\u043b\u0447\u0430\u043d\u0438\u044e \u043f\u043e\u0437\u0436\u0435 \u0432 \u0442\u043e\u043c \u0436\u0435 \u0433\u043e\u0434\u0443. \u041e\u0442\u0442\u0443\u0434\u0430 \u0432\u0441\u0435 \u0441\u0442\u0430\u043b\u043e \u0431\u043e\u043b\u0435\u0435 \u043e\u0441\u0442\u0440\u044b\u043c, \u0441 \u0438\u0441\u043a\u043e\u043c \u043f\u043e \u043f\u043e\u0434\u0430\u0447\u0435 \u0437\u0430\u044f\u0432\u043a\u0438 \u043d\u0430 \u043d\u0430\u0441\u0442\u0443\u043f\u043b\u0435\u043d\u0438\u0435 \u043d\u0430 \u0432\u0435\u0440\u0448\u0438\u043d\u0443 \u043f\u0440\u043e\u0442\u0438\u0432 \u0441\u0432\u043e\u0438\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0440\u043e\u0432 EB-5 \u0438 \u0434\u043e\u043b\u044c\u0448\u0435 \u043e\u0442\u043a\u043b\u0430\u0434\u044b\u0432\u0430\u044e \u0441\u0432\u043e\u0438 \u0434\u043e\u043b\u0433\u043e\u0432\u044b\u0435 \u043e\u0431\u044f\u0437\u0430\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u0430 \u043f\u043e \u043c\u0435\u0440\u0435 \u0440\u0430\u0437\u044b\u0433\u0440\u044b\u0432\u0430\u043d\u0438\u044f \u0441\u0443\u0434\u0435\u0431\u043d\u043e\u0433\u043e \u0440\u0430\u0437\u0431\u0438\u0440\u0430\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u0430. \u0418\u043d\u0432\u0435\u0441\u0442\u043e\u0440\u044b EB-5 \u0443\u0441\u043f\u0435\u0448\u043d\u043e \u043e\u0442\u0431\u0438\u043b\u0438\u0441\u044c \u043e\u0442 \u043e\u0431\u0432\u0438\u043d\u0435\u043d\u0438\u0439 \u0432 \u00ab\u041d\u0435\u0441\u043f\u0440\u0430\u0432\u0435\u0434\u043b\u0438\u0432\u044b\u0445 \u0434\u0435\u043b\u043e\u0432\u044b\u0445 \u043e\u0442\u043d\u043e\u0448\u0435\u043d\u0438\u044f\u0445\u00bb \u043d\u0430 \u0421\u0443\u043c\u043c\u0438\u0442\u0435, \u0430 \u0437\u0430\u0442\u0435\u043c \u043e\u0442\u0432\u0435\u0442\u0438\u043b\u0438 \u043d\u0430 \u0432\u0441\u0442\u0440\u0435\u0447\u043d\u044b\u0435 \u0442\u0440\u0435\u0431\u043e\u0432\u0430\u043d\u0438\u044f. <\/p>\n<p>\u0414\u0435\u043b\u043e \u0432\u0441\u0435 \u0435\u0449\u0435 \u043f\u0440\u043e\u0445\u043e\u0434\u0438\u043b\u043e \u0447\u0435\u0440\u0435\u0437 \u0412\u0435\u0440\u0445\u043e\u0432\u043d\u044b\u0439 \u0441\u0443\u0434 \u0448\u0442\u0430\u0442\u0430 \u042e\u0442\u0430 \u0432 2023 \u0433\u043e\u0434\u0443, \u043a\u043e\u0433\u0434\u0430 \u0413\u0430\u0441\u0442\u0438\u043d\u0433\u0441 \u043a\u0443\u043f\u0438\u043b \u0444\u043b\u0430\u0441\u0442\u0438\u0447\u0435\u0441\u043a\u043e\u0435 \u0440\u0430\u0437\u0432\u0438\u0442\u0438\u0435.<\/p>\n<p>\u041f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u0442\u0435\u043b\u044c Summit Mountain Holding Group \u043d\u0435 \u0441\u0434\u0435\u043b\u0430\u043b \u043d\u0438\u043a\u043e\u0433\u043e \u0438\u0437 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 \u0434\u043e\u0441\u0442\u0443\u043f\u043d\u044b\u043c \u0434\u043b\u044f \u0441\u043e\u0431\u0435\u0441\u0435\u0434\u043e\u0432\u0430\u043d\u0438\u044f \u0438 \u043e\u0442\u043a\u0430\u0437\u0430\u043b\u0441\u044f \u043e\u0442\u0432\u0435\u0447\u0430\u0442\u044c \u043d\u0430 \u043a\u043e\u043d\u043a\u0440\u0435\u0442\u043d\u044b\u0435 \u0432\u043e\u043f\u0440\u043e\u0441\u044b \u043e \u043f\u0440\u0435\u0442\u0435\u043d\u0437\u0438\u044f\u0445 \u0438\u043d\u0432\u0435\u0441\u0442\u043e\u0440\u043e\u0432 EB-5.<\/p>\n<p>\u00ab\u0421\u0443\u0434\u0435\u0431\u043d\u043e\u0435 \u0441\u0443\u0434\u0435\u0431\u043d\u043e\u0435 \u0440\u0430\u0437\u0431\u0438\u0440\u0430\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u043e \u0441\u0432\u044f\u0437\u0430\u043d\u043e \u0441 \u043f\u0440\u0435\u0442\u0435\u043d\u0437\u0438\u044f\u043c\u0438, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043f\u0440\u0435\u0434\u0448\u0435\u0441\u0442\u0432\u0443\u044e\u0442 \u043f\u0440\u0438\u043e\u0431\u0440\u0435\u0442\u0435\u043d\u0438\u044e 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\u043f\u043e\u0442\u0435\u043d\u0446\u0438\u0430\u043b\u044c\u043d\u044b\u0435 \u043e\u0431\u044f\u0437\u0430\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438\u00bb.<\/p>\n<p>\u041f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u0442\u0435\u043b\u044c \u0434\u043e\u0431\u0430\u0432\u0438\u043b, \u0447\u0442\u043e \u0441\u0440\u043e\u043a\u0438 \u0440\u0430\u0437\u0440\u0430\u0431\u043e\u0442\u043a\u0438 Pourse Haven \u043d\u0435 \u043f\u043e\u0432\u043b\u0438\u044f\u044e\u0442 \u043d\u0430 \u0441\u0443\u0434\u0435\u0431\u043d\u043e\u0435 \u0440\u0430\u0437\u0431\u0438\u0440\u0430\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u043e, \u043d\u0435\u0437\u0430\u0432\u0438\u0441\u0438\u043c\u043e \u043e\u0442 \u0435\u0433\u043e \u0440\u0435\u0437\u0443\u043b\u044c\u0442\u0430\u0442\u0430. \u0410\u0434\u0432\u043e\u043a\u0430\u0442\u044b \u0444\u0438\u0440\u043c\u044b \u0425\u0430\u0441\u0442\u0438\u043a\u0430 \u043f\u0440\u043e\u0441\u044f\u0442 \u0441\u0443\u0434\u044c\u044e \u043e\u0442\u043a\u043b\u043e\u043d\u0438\u0442\u044c \u0438\u0441\u043a, \u0441\u043e\u0433\u043b\u0430\u0441\u043d\u043e \u0445\u043e\u0434\u0430\u0442\u0430\u0439\u0441\u0442\u0432\u0443, \u043f\u043e\u0434\u0430\u043d\u043d\u043e\u043c\u0443 \u0432 \u0438\u044e\u043d\u0435.<\/p>\n<p>\u00ab\u0415\u0441\u0442\u044c \u0445\u043e\u0440\u043e\u0448\u0438\u0435 \u0432\u0435\u0449\u0438, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u0432\u044b\u0445\u043e\u0434\u044f\u0442 \u0438\u0437 EB-5\u00bb,-\u0441\u043a\u0430\u0437\u0430\u043b \u041a\u043e\u0442\u0442\u043e\u043d\u0432\u0443\u0434 \u0428\u0438\u043d\u0433. \u00ab\u0422\u043e\u0433\u0434\u0430 \u0435\u0441\u0442\u044c \u043d\u0435\u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u043b\u044e\u0434\u0438, \u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u0437\u043b\u043e\u0443\u043f\u043e\u0442\u0440\u0435\u0431\u043b\u044f\u044e\u0442 \u043f\u0440\u043e\u0433\u0440\u0430\u043c\u043c\u043e\u0439, \u0434\u0443\u043c\u0430\u044f, \u0447\u0442\u043e \u044d\u0442\u043e \u0431\u0435\u0441\u043f\u043b\u0430\u0442\u043d\u044b\u0435 \u0434\u0435\u043d\u044c\u0433\u0438, \u0438 \u0432\u0430\u043c \u043d\u0435 \u043d\u0443\u0436\u043d\u043e \u0432\u043e\u0437\u0432\u0440\u0430\u0449\u0430\u0442\u044c \u0435\u0435\u00bb.<\/p>\n<section class=\"ReadMoreSection_root\">\n<h4 class=\"ReadMoreSection_title\">\u0427\u0438\u0442\u0430\u0442\u044c \u0434\u0430\u043b\u0435\u0435<\/h4>\n<article class=\"BlogrollPost_container\">\n<figure class=\"BlogrollPost_image FeaturedImage\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"94\" src=\"https:\/\/www.volen.ru\/blog\/wp-content\/uploads\/2025\/07\/investory-pretenduyut-na-76-millionov-dollarov-v-dolgah-eb-5-privyazannom.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"\u041e\u0442\u0440\u0430\u0441\u043b\u044c EB-5 \u0440\u0435\u0430\u0433\u0438\u0440\u0443\u0435\u0442 \u043d\u0430 \u0437\u043e\u043b\u043e\u0442\u0443\u044e \u0432\u0438\u0437\u0443 \u0422\u0440\u0430\u043c\u043f\u0430\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/figure>\n<div class=\"BlogrollPost_content\">\n<p>\u00ab\u041d\u0438\u043a\u0442\u043e \u043d\u0435 \u0432\u0438\u0434\u0435\u043b \u044d\u0442\u043e\u0433\u043e \u043d\u0430\u0441\u0442\u0443\u043f\u0430\u044e\u0449\u0435\u0433\u043e\u00bb: \u043f\u043b\u0430\u043d\u044b \u0422\u0440\u0430\u043c\u043f\u0430 \u0443\u0431\u0438\u0442\u044c \u0438\u043d\u0434\u0443\u0441\u0442\u0440\u0438\u044e \u0448\u043e\u043a\u043e\u0432 EB-5<\/p>\n<\/p><\/div>\n<\/article>\n<article class=\"BlogrollPost_container\">\n<figure class=\"BlogrollPost_image FeaturedImage\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"106\" src=\"https:\/\/www.volen.ru\/blog\/wp-content\/uploads\/2025\/07\/1752757576_214_investory-pretenduyut-na-76-millionov-dollarov-v-dolgah-eb-5-privyazannom.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"\u0418\u0441\u043a \u043e\u0431\u0432\u0438\u043d\u044f\u0435\u0442 Seco Development \u0432 \u043c\u043e\u0448\u0435\u043d\u043d\u0438\u0447\u0435\u0441\u0442\u0432\u0435 \u0432 \u0433\u043e\u0441\u0442\u0438\u043d\u0438\u0447\u043d\u043e\u043c \u043f\u0440\u043e\u0435\u043a\u0442\u0435\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/figure>\n<div class=\"BlogrollPost_content\">\n<p>\u041a\u0438\u0442\u0430\u0439\u0441\u043a\u0438\u0435 \u0438\u043d\u0432\u0435\u0441\u0442\u043e\u0440\u044b \u0432 \u0421\u0443\u0434\u0435 Seco Development \u0437\u0430 \u043c\u043e\u0448\u0435\u043d\u043d\u0438\u0447\u0435\u0441\u0442\u0432\u043e \u0432 \u0433\u043e\u0441\u0442\u0438\u043d\u0438\u0447\u043d\u043e\u043c \u043f\u0440\u043e\u0435\u043a\u0442\u0435 <\/p>\n<\/p><\/div>\n<\/article>\n<article class=\"BlogrollPost_container\">\n<figure class=\"BlogrollPost_image FeaturedImage\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"142\" 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resort: lawsuit\",\"status\":\"publish\",\"slug\":\"investors-claim-76m-in-eb-5-debt-tied-to-utahs-powder-mountain\",\"uri\":\"\/national\/2025\/07\/17\/investors-claim-76m-in-eb-5-debt-tied-to-utahs-powder-mountain\/\",\"link\":\"https:\/\/therealdeal.com\/national\/2025\/07\/17\/investors-claim-76m-in-eb-5-debt-tied-to-utahs-powder-mountain\/\",\"date\":\"2025-07-17T09:00:00\",\"contentTypeName\":\"post\",\"contentFiltered\":\"\\u003cp\\u003eNetflix founder Reed Hastings may need to dig himself out of a $75.9 million crevasse at North America\u2019s biggest ski resort.\\u003c\/p\\u003e\\n\\u003cp\\u003eThe streaming giant\u2019s former CEO is wrangling with a group of EB-5 investors who say he\u2019s on the hook for unpaid debt tied to Utah\u2019s Powder Mountain, according to a lawsuit filed in Manhattan Supreme Court in April.\\u003c\/p\\u003e\\n\\u003cp\\u003eThe immigrant-backed fund has been fighting since 2021 to recoup its $42 million investment, plus interest, in Powder Summit, a floundering utopian ski venture launched more than a decade ago by tech entrepreneur Greg Mauro and Elliott Bisnow, the co-founder of media and events company Bisnow Media. The focus shifted abruptly to Hastings after he took the helm of the development in 2023, something the EB-5 investors say they should have been consulted about, according to proceedings in Utah and New York.\\u003c\/p\\u003e\\n\\u003cp\\u003e\u201cLike any kind of real estate transaction, we just want our money back,\u201d said Alexander Shing, the CEO of Los Angeles-based Cottonwood, the loan servicer representing the EB-5 investors in litigation. \u201cWhy are you stiffing 80 families that clearly loaned money and have recourse against this company?\u201d\\u003c\/p\\u003e\\n\\u003cp\\u003eAfter retiring from Netflix in 2023, Hastings paid $100 million for a controlling stake in Summit Mountain Holding Group, the subsidiary that owns the mountain and its debt, according to court filings obtained by \\u003cem\\u003eThe Real Deal\\u003c\/em\\u003e in the New York case, which is under seal.\\u003c\/p\\u003e\\n\\u003cp\\u003ePublicly, Hastings has set out to bring a bit of St. Moritz to Utah, announcing the launch of Powder Haven, a high-altitude private ski colony for the ultra-wealthy.\\u0026nbsp;\\u003c\/p\\u003e\\n\\u003cp\\u003eWith Hastings in charge, Powder Mountain\u2019s new slogan is \u201c\\u003ca href=\\\"https:\/\/powdermountain.com\/\\\"\\u003eEscape the Masses\\u003c\/a\\u003e.\u201d The project\u2019s developers have so far added a few chair lifts to the mountain and raised the price of admission dramatically from $750 in 2023 to\\u003ca href=\\\"https:\/\/skinowpaylater.powdermountain.com\/products\/season-pass\\\"\\u003e $1,599\\u003c\/a\\u003e for an adult season pass while closing off sections of the property to the public to provide exclusive access to families purchasing homes in the future private ski village. (The nearby Park City resort, which has double the number of slopes as Powder Mountain, charges only $1,051 for a season pass.)\\u0026nbsp;\\u003c\/p\\u003e\\n\\u003cp\\u003eThe new vision replaces Mauro and Bisnow\u2019s defunct Powder Summit, which, for its part, was the latest in a line of failed efforts to develop the pristine expanse of mountain slopes spanning 8,464 acres about 50 miles north of Salt Lake City. The partners bought Powder Mountain in 2013 for $40 million.\\u003c\/p\\u003e\\n\\u003cp\\u003eThe site is \u201ca hidden gem literally between the towns of Eden and paradise,\u201d Mauro said in a 2017 TED talk promoting the venture. The plan back then was to make Powder Mountain the new homebase for Summit Series, a conference series founded in 2008 billing itself as a sort of bohemian version of Davos.\\u003c\/p\\u003e\\n\\u003cp\\u003eThe Powder Summit partners soon found a lender that believed in their vision to make a rugged mountain town prosper: KT Capital\u2019s Tang Tang, a regional fund manager who saw Powder Mountain as a prime candidate for the cash-for-greencard program known as EB-5. Tang, who is now part of the legal effort to claw back the funds he helped raise, declined to comment on the case.\\u003c\/p\\u003e\\n\\u003cp\\u003eThe visa program, which went through regulatory changes to increase oversight in 2022, has been a popular source of capital for real estate developers, with ski resorts\\u003ca href=\\\"https:\/\/www.newyorker.com\/magazine\/2024\/02\/05\/the-rural-ski-slope-caught-up-in-an-international-scam\\\"\\u003e like Vermont\u2019s Jay Peak\\u003c\/a\\u003e forming a specialized subgenre.\\u003c\/p\\u003e\\n\\u003cp\\u003ePowder Summit\u2019s partners signed a loan agreement in 2016 to receive up to $120 million in EB-5 funding, with concessionary terms that encouraged matching capital from outside sources. The fund would be overseen by Mountain States Center for Foreign Investment, Utah\u2019s first EB-5 regional center, with KT Capital serving as the fund manager and Cottonwood acting as the loan servicer.\\u003c\/p\\u003e\\n\\u003cp\\u003eCrucially, the loan provides a completion guarantee and recourse indemnity, which would soon come into play.\\u0026nbsp;\\u003c\/p\\u003e\\n\\u003cp\\u003ePowder Summit started heading downhill a few years after the EB-5 fund launched. The developers managed to add a road and several structures on the high-altitude site, but the promised \u200b\u200b80 condos and townhouses plus 214 hotel keys never came to fruition. Instead, Powder Summit stopped making payments on its EB-5 loan in January 2019 after raising just $42 million worth of investment, almost all of it from families in China, according to court filings.\\u003c\/p\\u003e\\n\\u003cp\\u003eThe debt came due in June 2021 and workout talks quickly fell apart, triggering a default notice later that year. Things became more acriminious from there, with Powder Summit filing suit against its EB-5 lenders and putting off its debt obligations longer as the litigation played out. The EB-5 investors successfully fought off Powder Summit\u2019s accusations of unfair business dealings, then hit back with counterclaims.\\u0026nbsp;\\u003c\/p\\u003e\\n\\u003cp\\u003eThe case was still winding its way through a Utah Supreme Court in 2023 when Hastings bought the flailing development.\\u003c\/p\\u003e\\n\\u003cp\\u003eA spokesperson for Summit Mountain Holding Group did not make anyone from the company available for an interview and declined to answer specific questions about the EB-5 investors\u2019 claims.\\u003c\/p\\u003e\\n\\u003cp\\u003e\u201cThe pending litigation relates to claims that predate the current ownership\u2019s acquisition of the company,\u201d the spokesperson said in a statement. \u201cOwnership has always been aware of these claims, however, no individual owner is personally liable for potential obligations of the company.\u201d\\u003c\/p\\u003e\\n\\u003cp\\u003ePowder Haven\u2019s development timeline will not be impacted by the litigation, regardless of its outcome, the spokesperson added. Lawyers for Hasting\u2019s firm are asking a judge to dismiss the lawsuit, according to a motion filed in June.\\u003c\/p\\u003e\\n\\u003cp\\u003e\u201cThere are good things that come out of EB-5,\u201d Cottonwood\u2019s Shing said. \u201cThen there are some people that abuse the program, thinking that this is free money and you don\\u0026#8217;t have to pay it back.\u201d\\u003c\/p\\u003e\\n\\u003csection class=\\\"ReadMoreSection_root\\\"\\u003e\\n\\t\\u003ch4 class=\\\"ReadMoreSection_title\\\"\\u003eRead more\\u003c\/h4\\u003e\\n\\t\\t\\t\\t\\t\\t\\t\\t\\u003ca class=\\\"BlogrollPost\\\" href=\\\"\/national\/2025\/02\/27\/nobody-saw-this-coming-trumps-plans-to-kill-eb-5-shocks-industry\/\\\"\\u003e\\n\\t\\t\\t\\t\\u003carticle class=\\\"BlogrollPost_container\\\"\\u003e\\n\\t\\t\\t\\t\\t\\u003cfigure class=\\\"BlogrollPost_image FeaturedImage\\\"\\u003e\\n\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\u003cimg decoding=\\\"async\\\" width=\\\"150\\\" height=\\\"94\\\" src=\\\"https:\/\/www.volen.ru\/blog\/wp-content\/uploads\/2025\/07\/investory-pretenduyut-na-76-millionov-dollarov-v-dolgah-eb-5-privyazannom.jpg\\\" class=\\\"FeaturedImage_image wp-post-image\\\" alt=\\\"EB-5 Industry Reacts to Trump\u2019s Golden Visa\\\" loading=\\\"lazy\\\" \/\\u003e\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\u003c\/figure\\u003e\\n\\t\\t\\t\\t\\t\\u003cdiv class=\\\"BlogrollPost_content\\\"\\u003e\\n\\t\\t\\t\\t\\t\\t\\u003cdiv class=\\\"BlogrollPost_heading\\\"\\u003e\\n\\t\\t\\t\\t\\t\\t\\t\\u003cdiv class=\\\"MarketSectorLabel_categoryCityLabelWrapper\\\"\\u003e\\n\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\u003cdiv class=\\\"MarketSectorLabel_sectorLabel\\\"\\u003e\\n\\t\\t\\t\\t\\t\\t\\t\\t\\tPolitics\\t\\t\\t\\t\\t\\t\\t\\t\\u003c\/div\\u003e\\n\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\t\\u003cdiv 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style=\\\"font-weight: 400;\\\"\\u003eNetflix founder Reed Hastings is being sued for $75.9 million by EB-5 investors who claim he is responsible for unpaid debt at Utah\u2019s Powder Mountain ski resort.\\u003c\/span\\u003e\\u003c\/li\\u003e\\r\\n\\u003cli style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"\\u003e\\u003cspan style=\\\"font-weight: 400;\\\"\\u003eThe lawsuit stems from a floundering utopian ski venture called Powder Summit, which received $40 million in EB-5 funding and stopped making payments in 2019.\\u003c\/span\\u003e\\u003c\/li\\u003e\\r\\n\\u003cli style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"\\u003e\\u003cspan style=\\\"font-weight: 400;\\\"\\u003eHastings acquired a controlling stake in the company that owns Powder Mountain and its debt in 2023, and despite the litigation, his company states that the development timeline for the new \\\"Powder Haven\\\" will not be 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