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Collecting Golf courses??     28-Jul-09 10:36 am    
Why would Haan and MCBC file a suit against Mac Legends instead of trying to work something out with them? I was at a local restaurant and discussing with some previous partners about lawsuits between Mac Legends and the bank.What are they thinking? They mentioned the partners put in just under 2 million and Mac bank put in 2.5 milion unsecured,in 2008 alone, just to keep the doors open? Current golf course appraisal is somewhere around 1 - 1.5 million. Lawsuit appears to stem from a previous deal (between the partners and MCBC)that blew apart when Haan and MCBC would not let the partnership fire the golf manager, who was a friend of Ron Haan's. Now I know why Coastal Real Estate exists!
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  Subject Author Rating Time of Post (ET)  
 
Collecting Golf courses??
loangolfer6... (1 Rating) 28-Jul-09 10:36 am  
 
This stock just came across my screen. Any one hav...
skaneateles... (1 Rating) 29-Jul-09 02:00 pm  
 
I would get a new screen.
zwxsty (1 Rating) 29-Jul-09 02:10 pm  
 
You decide. Bank Rate is a national rating se...
sttrdr99 Rate it 30-Jul-09 12:07 pm  
 
They are not selling Holland CC, That is not a he...
zwxsty (1 Rating) 15-Oct-09 11:10 am  
 
If it were a better market, someone would buy...
the_golf_pl... (1 Rating) 19-Oct-09 10:12 am  
 
You get a tax deduction for contribution...
zwxsty (1 Rating) 19-Oct-09 12:21 pm  
 
Who will be the last to learn: golf...
mrxlong (1 Rating) 19-Oct-09 04:15 pm  
 
Between 1-1.5million??? Who's appraisal is that? A...
the_golf_pl... (1 Rating) 19-Oct-09 10:15 am  
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Macatawa Bank Corp. (MCBC)

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