Trump to Appeal $5.7 Million Loss in Florida Golf Club Case
(Bloomberg) -- A Florida golf course owned by President Donald Trump plans to appeal a judge's order to refund $4.85 million in deposits to former club members.
Trump National Golf Club Jupiter filed notice Tuesday that it wants a higher court to review a federal judge's ruling a month ago that the club breached the former members' contract by denying them access and failing to refund their deposits within 30 days. The judge also directed the club to pay $925,010 in interest.
Trump, who has bragged about his success in courts in posts on Twitter, is still embroiled in lawsuits that predate his election victory in November. Since becoming president he's become the target of additional cases over his executive orders on immigration and sanctuary cities.
“We're confident that we'll prevail on appeal and protect the judgment,” Seth Lehrman, attorney for the former club members, said Wednesday.
The former members of the Trump National Golf Club Jupiter sued to get their money back after Trump changed the membership rules following his 2012 acquisition of the money-losing venture from Ritz-Carlton Hotel Co.
The golf club members were on a list of people who had asked to resign from the club. They were to get their deposits back once new members joined. Under the Ritz-Carlton rules, they could continue to use the club until they received their refunds. They paid $35,000 to $210,000 in deposits.
Trump barred them from the facilities and told them if they didn't like the new rules to get lost. In a letter, Trump told them if they chose to remain on the resignation list: “You're out.”
This is who sued Donald Trump before he became President
In court, Trump and his son Eric initially argued that they hadn't changed the membership rules and that they didn't bar the former members from the club's facilities, but Eric Trump admitted during an August trial in West Palm Beach that he was wrong and that some members had been banned.
He also said the Trumps spruced up the club and "made it great again."
U.S. District Judge Kenneth A. Marra said in a Feb. 1 ruling that Trump's club breached a contract to provide “persons lawful permission to use and access the club.” Without a right to access, “no membership would exist” and an “essential purpose of the membership contract would be nullified,” the judge said.
The Trump Organization's chief legal officer, Alan Garten, said when the judgment was issued that the company intended to appeal.
"We respectfully disagree with the judge's decision," Garten said.
The case is Hirsch v. Jupiter Golf Club LLC, 13-cv-80456, U.S. District Court, Southern District of Florida (West Palm Beach).
To contact the reporter on this story: Susannah Nesmith in Miami at susannahnesmith@yahoo.com.
To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net, Peter Blumberg, Paul Cox
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.