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Company: Alterra Mountain Company
Current Parent Company:
Alterra Mountain Company
Parent at the Time of the Penalty Announcement:
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Penalty: $20,000,000
Year: 2023
Date: February 22, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Alterra agreed to pay an estimated $20 million to settle litigation alleging it breached contracts with season ski pass holders by refusing to provide refunds after closing its resorts because of the COVID-19 pandemic.
Level of Government: federal
Action Type: private litigation
Court: District of Colorado
Civil or Criminal Case: civil
Case ID: 1:20-cv-01057
Case Name: Kramer v. Alterra Mountain Company et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Colorado
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: entertainment
Specific Industry of Current Parent: entertainment
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.