Home Back to All Blog

Randy Bishop

Time to ski?  Don't forget to renew your contracts!

A popular ski resort failed to renew its lease, highlighting the importance of contract renewal.

It's ski season!  And the Olympics! We love to ski here at ContractSafe (even though we're in Los Angeles).  As everyone heads out to the slopes, we wanted to repost one of our favorite stories...about what The Salt Lake Tribune called “one of the most monumental blunders in Utah business history.”

For those of you that missed it, the company operating the ski resort at Park City "forgot" to renew their 50 year lease for the mountain, and the land was then leased instead to Vail Resorts.  Lawsuits ensued, and the judge basically said "Sorry, the lease expired and you didn't renew in time."  Whoops!

Hopefully your contract misses aren't costing you tens of millions...but they are likely costing tens of thousands, if not more.  That's why we built ContractSafe.  To help you avoid these types of problems.  Easily.  Affordably.  Quickly.   Click here to find out more.

Here is a longer article from the NYT about this.  Enjoy the slopes!  And stay safe!  https://www.nytimes.com/2014/08/20/us/20ski.html?_r=0

Searching for Contract Sanity?

Gain control of your contracts today. Take the first steps in just a few minutes

Recent Blog Posts

NEW FEATURE: Easier Contract Collaboration with Commenting

Contract collaboration through every phase of the contract lifecycle is an oft-overlooked element of contract management. ContractSafe makes it easy.

Contract Administration vs. Contract Management: How To Go from Administrating to Managing

Explore the differences between contract administration and management, and learn to use both effectively to realize your organization's strategic goals.

Conquer the Shared Drive of Chaos: How to Migrate to a New Contract Management System

For legal teams without a dedicated contract management tool, their shared drive feels more like a shared dive of chaos. Ready to get organized? Here's how.

icon_line_dots person_testimonial

“I couldn't believe we were already up and running in just 30 mins

  • sirius-xm-logo
  • Dollar-Shave-Club-logo
  • TED-logo
  • United-Express-logo
  • The-University-of-Arizona-logo
  • j2Global-logo
  • payscale-logo
  • Living-Spaces-logo
  • Jam-City-logo
  • McClatchy-logo
  • SFMOMA-logo
  • Sacred-Heart-logo
  • california-pizza-kitchen-logo

Contract relief is waiting.

Gain control of your contracts today. Take the first steps in just a few minutes.

Request a Demo