Greenbrier Omnibus Hearing Cancelled

The Omnibus Hearing scheduled in the bankruptcy case of Greenbrier Hotel Corporation scheduled for May 4, 2009 at 10 am has been canceled and continued until the May 19, 2009 Omnibus Hearing at 10am. 

Greenbrier Resort

The Greenbrier, located in White Sulphur Springs and owned since 1910 by the railroad operator CSX, is the latest resort business to fall victim to the recession.

The 721-room compound, a registered national landmark, proclaims that 26 presidents have visited and that it once had Sam Snead as its resident golf pro.

It even hosted a once-secret 112,000-square-foot bunker, known as Project Greek Island, to be used by Congress in case of a nuclear assault.

But in recent years the resort struggled to attract a younger crowd, even before the credit crisis, and it undertook ill-timed renovations and expansion in 2006 and 2007. It lost more than $90 million in the last five years, according to court documents.