Trump golf club must pay $5.77 million to former members

[struggle4progress]

A federal judge in Florida on Wednesday directed a golf club owned by U.S. President Donald Trump to pay $5.77 million to former members who claimed it wrongfully refused to refund their deposits after Trump took over in 2012.

U.S. District Judge Kenneth Marra in West Palm Beach said Trump National Golf Club Jupiter must repay $4.849 million plus $925,010 of interest to 65 former members for breach of contract, following a non-jury trial last August.

Marra said the club had no right to keep the deposits after locking out members who had declared their plans to resign prior to Trump's purchase in November 2012 ...

http://www.cnbc.com/2017/02/01/trump-golf-club-must-pay-577-million-to-former-members-judge.html

[struggle4progress]

1. ... Trump National Jupiter Golf Club must refund members nearly $6 million. It's a case that began

in 2012 when Trump bought the struggling golf club from Marriott Vacations Worldwide. He paid just $5 million ... But as part of the deal, he had to assume some $50 million in debt, money owed to members who put down refundable deposits and now wanted out of the club. In a letter .. the company told those who wanted out, they would have to continue to pay annual dues but couldn't use the club. Plus, they wouldn't receive their refunds until new members were found to replace them, a process that might take years ...

Trump's Company Loses Lawsuit Filed By Golf Club Members
February 1, 2017 6:38 PM ET
GREG ALLEN

[JDC]

2. The check is in the mail I'm sure

[eleny]

3. Right. From Daily Kos...

"Trump’s crackpot team of lawyers say they will appeal. And with the boat loads of money funneling in from conflicts of interest all over the globe, they’ll probably wear out the defendants. Of course, Trump might just bankrupt our country and leave us holding the bag somehow."

[JDC]

4. The guy is a shameless crook

[JDC]

5. I will say though, the folks on Jupiter Island have deeeeep

Pockets also. They won't be deterred if they have a mind to put up a bigger fight.

[madokie]

6. Thats $87,692.00 bucks each

Is golf that much fun to pay that kind of money to play on a certain course??