Trump Organization settles lawsuit over Jupiter golf club dispute

Federal judge ordered Trump to pay $5.74M last year

Feb.February 27, 2018 06:00 PM

Trump National Golf Club Jupiter and Donald Trump (Credit: Nicklaus, Wikipedia)

The Trump Organization has agreed to settle a lawsuit brought by at least 65 former members of Trump National Golf Club Jupiter, ending a dispute that began in 2013.

Trump agreed to pay the former members $5.45 million, or 94 percent, of the judgment ordered by a federal judge last year, an attorney for the plaintiffs told the Sun Sentinel.

A group of ex-Trump National Golf Club members filed a class action suit in 2013, about a year after President Trump bought the then-Ritz-Carlton Golf Club & Spa for $5 million. The property, off of Donald Ross Road at 115 Eagle Tree Terrace, had been losing as much as $4.1 million per year. And the sale came with the understanding that Trump was assuming liability for $41 million in refundable deposits that former members were waiting to receive.

Resigned members, who were previously allowed to use club facilities while waiting for their deposits, were barred from entrance. At the time, Trump wrote in a letter, “As the owner of the club, I do not want them to utilize the club nor do I want their dues. In other words…if you choose to remain on the resignation list, you’re out.”

The refundable memberships ranged from $35,000 to $210,000.

In August, the Trump Organization appealed the federal ruling, arguing that U.S. District Judge Kenneth Marra incorrectly ordered the company to repay members for improperly keeping their deposits. The settlement is still pending final approval. [Sun Sentinel] – Amanda Rabines

Related Articles

Brook Lenfest and plans for 107 Quayside Drive in the Admirals Cove community

Philly media mogul’s son sells waterfront Jupiter property

Donald Trump, Vanilla Ice and Briny Breezes (Credit: Getty Images)

Trump Town? Briny Breezes wants to sell for $1B

2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

Toll Brothers CEO Douglas C. Yearley, Jr. and Jupiter Country Club

Toll Brothers putts Jupiter golf course over to ClubCorp for $8M

Daily Digest Miami

Related sells Tampa apartments for record $132M, Miami apartment tower evacuated after fire: Daily digest

Daily Digest Miami

Missoni Baia lands massive loan, Babylon Brickell owner sells Overtown property: Daily digest

Donald and Melania Trump at the entrance way of Mar-a-Lago (Credit: Getty Images)

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors

Bluffs Square in Jupiter (Credit: Google Maps)

Equity One sells Jupiter shopping center to Sterling for $26M