A federal judge in Florida has approved a $13.3 million settlement between Citibank and the federal receiver in charge of Vermont’s Burke Mountain and Jay Peak resorts.

The Caledonian Record reports the receiver, Akerman partner Michael Goldberg of Fort Lauderdale, said obtaining the funds was critical to making payroll at both resorts as well as paying off debt from projects overseen by Ariel Quiros and Bill Stenger.