If Pwdr and Vail cannot come to an agreement to jointly operate the Park City ski area, the judge has no real leeway for a "fallback", he issues his eviction notice, likely with a rule that lifts stay in place until that is decided or could simply issue a rule that the lifts are fixed and stay with the property. Pwdr can appeal but all goes to UT Supreme Court which could quickly refuse the case and everything is final.
Vail can run the Park City ski area via Town Lift and bus access up King Road.
Pwdr can't run anything because all the lifts terminate in Vail's area so the base areas is shut down. That leads to hard losses for Pwdr not the least of which would be the tenant lawsuits.
Pressure to settle is on Pwdr as it has been since the lease decision and the pro-forma eviction notice.
10% of ticket sales would seem attractive vs. shutting down.