Dominion Club Members Sue HHHunt
Members of a bankrupt local golf club are asking the court to help them get their initiation deposits – as much as $22,000 per person – back from the club’s developer and owners.
Palm Coast, FL – April 7, 2011
Members of a bankrupt local golf club are asking the court to help them get their initiation deposits – as much as $22,000 per person – back from the club’s developer and owners.
In January, the Dominion Club in western Henrico County filed for Chapter 11 bankruptcy protection after it was faced with a $1.7 million tab of initiation deposit refunds due to about 100 members at the end of 2010.
On Monday, the bankruptcy creditors committee, made up of seven current and former Dominion Club members, filed a lawsuit in federal bankruptcy court seeking $11.6 million from various entities, all tied to HHHunt Corp., one of the area’s largest real estate developers. (You can see the lawsuit here).
Full Story >>>> Richmond BizSense [April 6]
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