Back to All Blogs

By 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!

Searching for Contract Sanity?

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

Recent Blog Posts

What Is Contract Value and How Do You Preserve It?

Improve your business's bottom line by preserving your contract value. Learn how ContractSafe can help avoid costly mistakes and streamline contract management.

Contract Risk Management: 10 Best Practices To Keep Your Business Safe

Contracts come in all shapes and sizes, and so do the risks involved. Learn about 10 best practices for contract risk management and protect your business.

Contract Addendum vs. Amendment: Key Differences Explained

Learn the difference between a contract addendum vs. amendment, and how to manage each of them effectively to keep your contracts dispute-free.

  • sirius xm
  • Logo_Dollar-Shave-Club_RGB-1-640x118 1 (1)
  • TED
  • United
  • uofArizona
  • j2Global
  • payscale
  • Living Spaces
  • Jam City
  • McClatchy
  • moma
  • Sacred Heart
  • california pizza kitchen

Contract relief is waiting.

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

Request a Demo