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SALT LAKE CITY (AP) - The Canyons ski resort says it's willing to offer new leases for much of the land where neighboring Park City Mountain Resort operates.
Park City Mountain Resort filed a lawsuit last month accusing the Canyons of trying to drive it out of business by refusing to extend the leases for years longer.
The Canyons' Toronto-based resort operator, Talisker Corp., filed court papers Thursday saying Park City Mountain Resort let the leases expire and failed to submit written notice it wanted them extended.
However, the Canyons' managing director, Mike Goar, told the Associated Press that negotiations are ongoing on a new set of leases.
Goar says he's optimistic the dispute will be resolved.
Park City Mountain Resort officials didn't immediately return a message from the AP.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
