Club Depo Return questions

[Will]

Dear All
I've applied for my Sports Club Membership to be refunded by
Tamarack Club. Several months ago, The Club Director [in good faith]
advised I would apply to the Controller, Mike Drury for this
reimbursement. I did so in early March in writing and by phone
message. The terms of the agreement say the money will be returned in
30 days. Now it's 60+ days and cash nor confirmation have been
forthcoming. It's a black hole.
My question to the Group is whether anyone has experience with
retrieving Club deposits? If not, does anyone know whether Mike Drury
is still with the organization and if not who would have taken his
responsibilities?
Finally, how would one communicate direct to the Receiver? Any
names and contact info much appreciated.
Hope it goes well for you.
Best, &
Many thanks = Will Spurgeon 21 Goldenbar Crt.
510-697-3322

[Matthew Castrigno]

Will,

The terms of the club agreement as it was presented to me allow for the sale of three new memberships before the return on one deposit.

Matthew Castrigno

Idaho Resort Rentals, LLC
www.IdahoResortRentals.com
208-939-1066
866-939-1066 Toll Free

No virus found in this incoming message.
Checked by AVG - www.avg.com
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[Will Spurgeon]

Thanks for that Matthew. 

 Odd equation but nothing is normal in the present environment.

Do you know how to contact the Receiver direct?

 

Appreciated!
Will 

Will Spurgeon
cell: 510.697.3322
<sent from my mobile device. pls forgive terseness &/or typos>

---

From: Matthew Castrigno <mat...@castrigno.com>
To: Tamarack-...@googlegroups.com
Sent: Friday, April 24, 2009 12:30:12 PM
Subject: Re: Club Depo Return questions

[Tom]

For people that have been following this, so much for CS's promise to
'bid up the price'.

Say, you don't think JP's strategy is .... nah.

http://www.google.com/hostednews/ap/article/ALeqM5jX6lcSo6eSJ9LIc77ANFtTVMgipQD97KF7Q81

Tom Ganley
>

[Matthew Castrigno]

Will

Their phone number is 619.641.1141

Matthew Castrigno

Idaho Resort Rentals, LLC
www.IdahoResortRentals.com
208-939-1066
866-939-1066 Toll Free

At 02:08 PM 4/24/2009, you wrote:

Thanks for that Matthew.
 Odd equation but nothing is normal in the present environment.
Do you know how to contact the Receiver direct?
 
Appreciated!
Will
Will Spurgeon
cell: 510.697.3322
<sent from my mobile device. pls forgive terseness &/or typos>

[Will Spurgeon]

Thanks much!
 

Will Spurgeon
cell: 510.697.3322
<sent from my mobile device. pls forgive terseness &/or typos>

From: Matthew Castrigno <mat...@castrigno.com>
To: Tamarack-...@googlegroups.com

Sent: Friday, April 24, 2009 1:13:27 PM

[Rod Walz]

Will,

 

One of the issues surrounding Club deposits (I have one too) is that the money, to my understanding, was commingled with the LLC because the Club was owned by the LLC.  When you contact the Receiver, see if you can find out if this money was set aside (I severely doubt that).  If not, then we should probably get a list of all Club owners, hire an attorney, and petition the court to be part of the liability of the Resort in the Court proceedings.  Whereby, the TMA has counsel on its matters, the Club owners have no counsel.  I will see if I can find out more.  In the meantime, see what the Receiver says.

 

---

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[Ethan Budin]

Tom,

Your post got mixed up in another thread and I thought it was
important enough to repost in its own discussion (I failed the first
time and so I'm sorry if some people received my message twice). It's
copied below.

I'll add another article link here:

http://www.parkrecord.com/ci_12192993

And, to answer your semi-rhetorical question, if it wasn't JP's
strategy before, I'm guessing it is now. I wonder whether there is a
more active role that the TMA or the homeowners individually should
be
playing to help strengthen a bid (by JP and/or others) that makes for
a quick transaction. The Shanahan/Dvorak plan from early March was
creative and interesting to the degree that CS still had any
financial
interest. It is now clear that they are done and, so as long as the
receivership is in place, the resort will be closed. Someone will be
able to buy the resort for pennies on the dollar and we need that to
happen sooner rather than later.

Ethan Budin

*****

[will...@sbcglobal.net]

Kind thanks. The fact that there's been zero response thus far suggests the refunds will not easily be forthcoming.
Will

Sent via BlackBerry by AT&T

---

From: "Rod Walz"
Date: Fri, 24 Apr 2009 21:04:59 -0700
To: <Tamarack-...@googlegroups.com>
Subject: RE: Club Depo Return questions

[Tom]

Ethan,

Bill is far more knowledgeable than I regarding this subject, but I
don't think anything can happen until JP either lets go of his
foreclosure battle or losses in court. Right now, I wonder if he even
would want to take it back over. I doubt he could get any investors,
even though he was a genius at that.

The only thing I see in it for him now is that if he took it back over,
everybody would have to be nice to him again.

Tom

[new...@roadrunner.com]

I was under the understanding that the club membership list was going to be posted on the web before shutdown. I have not seen it.

I suspect too, that the deposits are no longer available.

We club members should develop a contact list of all club members quickly (Name Address, phone number, e-mail, full or sport, and amount of deposit). At some point in the near future the elephants will start to dance (or stampede) and we do not want to be lost in the dust. At a minimum, the existence of our claims for return of deposits should be made known to the court. They might be already, but of course, none of us club members have received any notice from the court.

Because our aggregate claim is significant, we might be able to appoint membership to the unsecured creditor's committee, if proceedings ever get that far.

The point is, develop a contact list now.

Newt Lesh
---- Rod Walz <rw...@walzgroup.com> wrote:

=============

<http://console.mxlogic.com/redir/?kSm1PX3b9J6UV5wS02AxFeIvFmcU_2uDQVv3t
-jd7bdPhPtZ-XNKVIz4xlK5LbAnLxKJXKSHbNi9oGzilEzDxhpkH8IleyoQYkecqua4oRrmV
s54qR8D-hzlJqDbCQmn1OpJ5dyXBS1PVEVdITdwLQzh097JA3h07uJkQg0LVJNwq81pLWjBm
53s_3VU3zq9JwSyUed7aaqpEVdQWbl1t1i> 208-939-1066

866-939-1066 Toll Free

At 02:08 PM 4/24/2009, you wrote:



Thanks for that Matthew.
Odd equation but nothing is normal in the present environment.
Do you know how to contact the Receiver direct?

Appreciated!
Will
Will Spurgeon
cell: 510.697.3322
<sent from my mobile device. pls forgive terseness &/or typos>



From: Matthew Castrigno <mat...@castrigno.com>
To: Tamarack-...@googlegroups.com
Sent: Friday, April 24, 2009 12:30:12 PM
Subject: Re: Club Depo Return questions

Will,

The terms of the club agreement as it was presented to me allow for the
sale of three new memberships before the return on one deposit.

Matthew Castrigno

Idaho Resort Rentals, LLC
www.IdahoResortRentals.com

<http://console.mxlogic.com/redir/?kSm1PX3b9J6UV5wS02AxFeIvFmcU_2uDQVv3t
-jd7bdPhPtZ-XNKVIz4xlK5LbAnLxKJXKSHbNi9oGzilEzDxhpkH8IleyoQYkecqua4oRrmV
s54qR8D-hzlJqDbCQmn1OpJ5dyXBS1PVEVdITdwLQzh097JA3h07uJkQg0LVJNwq81pLWjBm
53s_3VU3zqpJwSyUed7aaqpEVdQWbl1t1i> 208-939-1066

866-939-1066 Toll Free

At 01:16 PM 4/24/2009, you wrote:




Dear All
I've applied for my Sports Club Membership to be refunded by
Tamarack Club. Several months ago, The Club Director [in good faith]
advised I would apply to the Controller, Mike Drury for this
reimbursement. I did so in early March in writing and by phone
message. The terms of the agreement say the money will be returned in
30 days. Now it's 60+ days and cash nor confirmation have been
forthcoming. It's a black hole.
My question to the Group is whether anyone has experience with
retrieving Club deposits? If not, does anyone know whether Mike Drury
is still with the organization and if not who would have taken his
responsibilities?
Finally, how would one communicate direct to the Receiver? Any
names and contact info much appreciated.
Hope it goes well for you.
Best, &
Many thanks = Will Spurgeon 21 Goldenbar Crt.
510-697-3322



No virus found in this incoming message.
Checked by AVG - www.avg.com

<http://console.mxlogic.com/redir/?kSm1PX3b9J6UV5wS02QOhVv3t-jd7bdPhPtZ-
XNKVIz4xlK5LbAnLxKJXKSHbNi9oGzilEzDxhpkH8IleyoQYkecqua4oRrmVs54qR8D-hzlJ
qDbCQmn1OpJ5dyXBS1PVEVdITdwLQzh097JA3h07uJkQg0LVJNwq81pLWjBm53s_3VU3zr9J
wSyUed7aaqpEVdQWbl1t1i>

Version: 8.0.238 / Virus Database: 270.12.4/2078 - Release Date:
04/24/09 07:54:00






No virus found in this incoming message.
Checked by AVG - www.avg.com

<http://console.mxlogic.com/redir/?kSm1PX3b9J6UV5wS02QOhVv3t-jd7bdPhPtZ-
XNKVIz4xlK5LbAnLxKJXKSHbNi9oGzilEzDxhpkH8IleyoQYkecqua4oRrmVs54qR8D-hzlJ
qDbCQmn1OpJ5dyXBS1PVEVdITdwLQzh097JA3h07uJkQg0LVJNwq81pLWjBm53s_3VU3zr1J
wSyUed7aaqpEVdQWbl1t1i>

[Linda Jacoby]

Newt, that is a good idea. I would like to be added to the list.

Newt, will you be starting that or will it be Rod?

Linda Jacoby
258 Discovery Dr.

760 310 0575
lindap...@mac.com
Sport member
$15K established Oct. 2007

Mailing address:
322 Chopin Way
Cardiff, CA 92007

Linda Powell Jacoby
lindap...@mac.com

[Will Spurgeon]

Rod

  Detailed message left toay b/c Mr. Wilson was in a meeting.  His voice mail promised to get back 'right away",so we'll see what that means.  For his $400+/hr salary one hopes it means with speed.
   A registered letter will probably be needed so that a court can see local efforts to communicate and resolve were exhausted in advance of any legal work. 

    Hopefully, he'll surprise me.

 Best, Will

---

From: Rod Walz <rw...@walzgroup.com>
To: Tamarack-...@googlegroups.com
Sent: Friday, April 24, 2009 9:04:59 PM
Subject: RE: Club Depo Return questions

[Rory Veal]

A while back Linda suggested we lighten up!

 

I called my stockbroker today and asked, "what are you buying?" His answer:  "Canned goods and ammunition. "

 

Rory

[Linda Jacoby]

Thanks Rory!

-L

258 Discovery Dr.

Linda Powell Jacoby

lindap...@mac.com

[Tom]

It will interesting to see what happens next week.

http://www.newwest.net/topic/article/yellowstone_club_how_to_go_broke_on_375_million/C35/L35/#comments

>