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Re: Manhattan Club Lawsuit (by Nathan Z.):
The "AOD" is up on the website of the NYAG. (https://ag.ny.gov/sites/default/files/manhattan-club-aod_0.pdf) It contains the details of the settlement, which according to my quick read, breaks it up over the next 2 years (50% now /25% in a year/25% in two years). The first payment is based on how many days in 2011, 2012, 2013 and 2014 paid-up owners were unable to use, and the final two payments are will be made to paid-up owners based on the proportion of their maintenance fees (for those who paid their maintenance fees) to the total maintenance fees charged. It's all in paragraph 69. So half of it has to do with compensation for loss of use and half of it for overcharges to owners who continued to pay their maintenance while others did not. There is nothing here for any other losses, real or imagined. Anyone who stopped paying their fees will not qualify for the settlement. But I'm not a lawyer, so perhaps Jeff can impose one more time on his legal consultant and ask him to interpret for us.