Iowa Pacific wins $1.1M award in ski train suit
July 8, 2011
DENVER (AP) – A federal jury has awarded about $1.1 million to a company that tried to revive the ski train between Denver and Winter Park.
The jury found Thursday that Amtrak breached an oral contract it had with Iowa Pacific Holdings to provide staff to operate the train in 2009.
Jurors awarded the money to cover some of Iowa Pacific’s expenses for things like advertising, equipment and labor. They said the company could have been entitled to more damages but didn’t do enough to try to limits its financial losses.
Amtrak has rights to operate trains on the Union Pacific track that the ski train would have used.
Amtrak says Iowa Pacific never got the proper insurance coverage. Its lawyers declined to comment on the jury’s decision.