Quote:
Originally Posted by Leapfrog
Can anyone offer updates on the Bearspaw situation?
Clubhouse?
Member assessments?
Bankruptcy rumours?
Thanks!!
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There is a vote on the cash call upcoming (this weekend I think). Absent that, there's going to be a bunch of liens filed, lawsuits against the club, etc. I gather there's a couple members who would pay a bunch of dough in but want to go semi-private.
If they don't raise the cash and have a bunch of lawsuits/liens I can't see any resolution outside of a bankruptcy/receivership.