Current posture

What matters now

Elk Run is in an active Subchapter V liquidation-and-sale process, with all sale deadlines extended through August 19, 2026 under the fourth sale-deadline extension notice Dkt. 172. The next disclosed milestone is an August 20 status conference; the court has authorized the Subchapter V trustee to appear remotely at that hearing in its remote-appearance order Dkt. 179. The Colorado nonprofit association commenced this Chapter 11, Subchapter V case on January 20, 2026, reporting 22 creditors in its voluntary petition Dkt. 1. The filing followed a structural mismatch between the assessment base and the aging timeshare property's projected capital needs, including anticipated repair and improvement requirements and owner-payment delinquencies. From the outset, the debtor framed the case around a planned liquidation and sale of its property in the first-day declaration Dkt. 13, rather than an operating reorganization. The current work therefore remains focused on completing the Section 363(h) sale process, including service and unresolved purchase-agreement property details that prompted the latest extension, while the remaining bidding-procedures deadlines continue unless modified.

Updated Aug 17, 2026