Feb 24th, 2018

Trump golf club pays out millions in members lawsuit

Judge comes down hard on POTUS

Trump golf club pays out millions in members lawsuitA Florida golf club owned POTUS Donald Trump has agreed to pay $5.45 million to settle claims by former members that it wrongfully refused to refund their deposits when they wanted to resign.

The payout is more than 94 percent of the $5.77 million that U.S. District Judge Kenneth Marra had ordered the Trump National Golf Club in Jupiter, Florida, to pay in February of last year.

The club had been scheduled to argue its appeal of Marra’s ruling in May, court records show, but it now appears that they have capitulated.

“In our view, the class prevailed,” Brad Edwards, a lawyer for the former club members, said in an emai.

The lawsuit began after Trump changed membership rules for the club, which he had acquired from Ritz-Carlton in November 2012.

Under the old rules, members who wanted to resign could keep playing golf until their replacements were found.

But Trump declared in a letter that “as the owner of the club” he did not want them using the club, and “you’re out.”

Marra, in his February 2017 ruling, said this served to cancel the memberships, justifying a return of $4.85 million of deposits to 65 members, plus interest.

In court papers on Friday, the plaintiffs’ lawyers said the former members would recoup about 71 percent of their deposits, after deducting legal fees and expenses.

The lawyers called the settlement “fundamentally fair, reasonable, and adequate.”

So that’s at least one thing off Trump’s plate.

Related:

Issue 1 of GolfPunk Digital Magazine out now

Trump golf club pays out millions in members lawsuit

TAGS:Donald Trump, Golf Bedlam