Greg LeMond Reaches Settlement Over Yellowstone Club
Filed under: Real Estate Developments
The lawsuit between bicycle racing champ Greg LeMond and the battling Blixseths has finally been reached. As I mentioned back in March, the Tour de France winner, his parents-in-law David and Sacia Morris, and Jorge Jasson, a family friend claimed Tim Blixseth tried to buy their shares at the Yellowstone Club for a total of $13 million, which they say was a fraction of their value. The parties had previously reached a $38 million settlement in the case. Blixseth paid the first installment on the suit but missed a payment in January. Now the suit has been settled for a $39.5 million settlement. The news comes after Tim Blixseth and Edra Blixseth, who are working their way through a divorce that started off pleasant but has become contentious, have resolved the questions over ownership of the exclusive Yellowstone Club.Edra Blixseth is now the club's majority owner and chief executive, and will be footing LeMond's bill. Her spokesman Bill Keegan says she has ambitious plans for the Montana getaway which caters to the wealthy. Bill Gates and Dan Quayle are members and Greg LeMond has said he will keep his residence at the club.
Charlie Sheen Gets Back To His Roots
The List #0147: Escape a Car Underwater
WHOOPS! Obama Makes Big Gaffe
Visit the Maldive Islands Before It's Too Late
Reptiles Make Home in UK Man's Cable Box
Mariah Carey Curses And Busts Out Of Dress On Live TV
Springtime Budget-Busters -- Savings Experiment
Is This Woman Too Pretty To Work?
Killed Soldier In London Attack Identified
Distraught Mom Becomes Face of Oklahoma Storm
Mariah Carey Suffers Wardrobe Malfunction on Good Morning America
What It's Like To Talk To A 2-Year-Old
The Story Behind Hairspray
H&M's Plus-Size Model Jennie Runk Says She Chose To Gain Weight
Luke Wilson Caught Staring At Fan's Chest
Amanda Bynes Arrested, Undergoes Psychiatric Evaluation--See the Shocking Mugshot!
Best Friends Reportedly Die Holding Each Other In Tornado
Rapper Accused Of Faking His Own Death To Escape Payments
Danny Tanner Is Fighting With Topanga
New Trayvon Martin Evidence Features Incriminating Photos, Texts From Teen
Jury Foreman: '18 Days Of Testimony Hurt' Jodi Arias
Teenager's 'Awww'-Inspiring Drawing Wins Big At Google
Brave Woman Stood Down Armed London Attackers
WATCH: Police Force Shows Up To Support 5-Year-Old Who Lost Her Dad
Jodi Arias Jury DEADLOCKED
LISTEN: Terror Inside Elementary School As Tornado Hits
Bridge Collapses In Washington State
Woman Pictured 'Praying For & Comforting' Dying Victim
Janet Jackson Joins The Billionaires' Club
Helen Flanagan Launches PETA Campaign As Only She Knows How
Mum-Of-Two Faces Down Woolwich Attack Suspects
Woolwich Attack Victim Named As Lee Rigby