Trump won his campaign on a platform that promoted him as a hard-hitting businessman who doesn’t back down until he gets what he wants. That worked for about half the plaintiffs in a lawsuit filed against Trump National Jupiter Golf Club, but the other half still want their money back.
When Trump bought the struggling golf club from Marriott Vacations Worldwide in 2012, he paid the relatively low price of $5 million, but there was a catch. As part of the agreement, Trump had to take on $50 million in debt. The club had a refund policy regarding a deposit members paid when they purchased their membership. But when members wanted out of the club, it couldn’t afford to refund all their deposits.
Rather than pay up, as agreed, Trump did what he does best: he allegedly played hardball. He allegedly told the members they could cancel their membership, after which they would no longer be allowed to use the club’s facilities, but they would have to continue paying their membership dues to the club. They were also allegedly told they would not receive their refunds until new members had been found to replace them, which could potentially take years to accomplish. Continue reading