Lawyers Propose $5.4M Settlement With Golf Club
By Samantha Joseph | UPDATEDFeb 23, 2018 at 06:06 PM
... plaintiffs ... sued the club .. which belongs to the Trump Organization ...
When the Ritz-Carlton .. sold, it carried a roughly $41 million net obligation to members who’d paid refundable deposits ...
Plaintiffs said the ownership change brought a new policy: They’d have to convert to nonrefundable deposits, or immediately give up the benefits of membership if they opted to initiate the lengthy refund process ...
The case hinged on whether the club’s denial of access amounted to a membership recall that entitled plaintiffs to their deposits within 30 days ...
Following a February 2017 bench trial, Marra found the company breached its contract by refusing refunds ...
https://www.law.com/dailybusinessreview/2018/02/23/broward-lawyers-propose-5-4m-settlement-with-trump-owned-golf-club/?slreturn=20180123183939
