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Original Message:

Restitution questions for owners (by Jeffrey W.):

AG today has not provided copy of settlement nor provided any verbal clarifications about the many questions owners have about the case. Here are some numbers from the court records that may put the settlement into perspective. Eichner's management company charged a $6.4 million fee, per year, to manage the club. That number is nearly identical to the $6.5 million the AG says will now be made available as restitution to owners. TMC owners, on average, have paid $30 million per year in maintenance fees while renters contributed another $4 million and Bluegreen/TMC owners paid $2 million annually. Those are numbers from two years ago. Current numbers could be higher.