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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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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
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Collecting Golf courses??
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loangolfer6... | (1 Rating) | 28-Jul-09 10:36 am | ||
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This stock just came across my screen. Any one hav...
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skaneateles... | (1 Rating) | 29-Jul-09 02:00 pm | ||
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I would get a new screen.
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zwxsty | (1 Rating) | 29-Jul-09 02:10 pm | ||
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You decide. Bank Rate is a national rating se...
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sttrdr99 | Rate it | 30-Jul-09 12:07 pm | ||
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They are not selling Holland CC, That is not a he...
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zwxsty | (1 Rating) | 15-Oct-09 11:10 am | ||
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If it were a better market, someone would buy...
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the_golf_pl... | (1 Rating) | 19-Oct-09 10:12 am | ||
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You get a tax deduction for contribution...
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zwxsty | (1 Rating) | 19-Oct-09 12:21 pm | ||
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Who will be the last to learn: golf...
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mrxlong | (1 Rating) | 19-Oct-09 04:15 pm | ||
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Between 1-1.5million??? Who's appraisal is that? A...
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the_golf_pl... | (1 Rating) | 19-Oct-09 10:15 am |
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