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Sugar Loaf Deed Transferred to Polselli in March

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The Glen Arbor Sun has learned, through confidential sources, that former Sugar Loaf owner Kate Wickstrom transferred the ownership deed over the long shuttered resort to Remo Polselli in March 2013. Polselli — a hotelier and convicted felon — signed an Indemnification & Release Agreement on March 18, as manager of “Rock Investment Advisors”. Wickstrom, who received the transfer agreement via her Traverse City-based attorney Joe Quandt, signed on March 20. Polselli paid legal fees associated with the transfer.

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Liko Smith’s rich financier refuses Sugar Loaf deal

Oscar Peters — the British-born billionaire international banker who was helping Eneliko “Liko” Smith launch Las Vegas Airways (LV Air) before Smith turned his attention toward Sugar Loaf — has dropped out of the game. Peters’ exit might leave the West Coast hotelier with no viable way to acquire the long-shuttered Leelanau County ski resort.

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“Liko-polooza” returns to Sugar Loaf

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Eneliko Sean “Liko” Smith, the enigmatic West Coast hotelier and self proclaimed “extreme sport entrepreneur” who has left a trail of dubious business transactions in his wake, is once again bidding for Sugar Loaf, the long shuttered ski resort in Leelanau County.

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Does Sugar Loaf have a new suitor?

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Leelanau County’s “elephant in the room”, the long-shuttered Sugar Loaf ski resort, is back in the news following a quiet autumn season after the eccentric Las Vegas boxer-turned-businessman Liko Smith returned to the West Coast empty-handed. Resort owner Kate Wickstrom has been courted in recent months by at least two suitors, including David Skjaerlund, from Owosso, near Grand Rapids.

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