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Re: Manhattan Club Lawsuit (by Sergio B.):
My wife and I have just received the paperwork to "sell back" our share for $100. We have been forewarned that, upon signing the documents, it might take a year or so for the check to be issued. I understand that many owners have already gone through this "sell back" process, most of them out of disgust and motivated by a strong desire to cut their losses and "get it done and over with". We all know that the right thing to do would be to sue the heck out of these bandits, but many of us do not have the stomach, the time and the money to join the lawsuit. I must admit that I am a bit intimidated by the complexity of the legal language used by MC lawyers in their "sell back" paperwork. Since I don't trust these people, I am asking myself whether they are leading me into another trap. On the other hand, the $100 check that we are expected to get (in a year) cannot cover the fee of a lawyer who could read the documents for me and advise me on whether we should sign the documents or not. I have a question for those who have already completed the "sell back" process: did it all proceed smoothly, or did the process run into additional, unexpected obstacles? In other words, were you led into yet another trap? Thank you for your input.