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Re: Manhattan Club Lawsuit (by Karl H.):

My wife and I had stopped paying maintenance fees after last year. TMC responded late last summer with a notice of overdue maintenance fees along with an offer to buy back our share at $100, with past maintenance charges dropped. We opted for the buyout to limit both our future losses and the continuing hassle dealing with TMC. Within 5 days of notifying TMC of our decision, we received papers to finalize the buy back. Within about 3 months we received the $100 check (this past Friday, in fact). The positive side to all of this - since we do enjoy staying at the Manhattan Club - is that we can rent a room there for a week for much less than we paid in annual maintenance fees for our week-long share. We probably should have known better than to ever buy into TMC. But to err is human - though I don't think it is possible to ever forgive Eichner and TMC (though it appears nothing will ever slow down their illicit dealings). The past 10 years of TMC is finally a closed chapter for us. Now, onto a new chapter.

Karl Hess