jcjl1
TUG Member
Any update? What about the properties auctions?
Very interesting article on High Country Club and Christian Kirschner and also discusses The Phoenix Club/Second Home Destinations:
http://www.denverpost.com/business/ci_16938799
I'm surprised it took so long before someone realized that the properties were not owned by the club and that the homes were leveraged to the hilt.
It'd be nice if someone like Marriott entered the sub $1M DC space. Clearly there was a need, and it could do well if run and backed properly, when combined with a good structure that actually protects members.
Tarheel,
Was that Steamboat Bill that was mentioned in the article?
Richard
Tarheel,
Was that Steamboat Bill that was mentioned in the article?
Richard
Great article (minus the typos). What a splendid Christmas present for CK.Very interesting article on High Country Club and Christian Kirschner and also discusses The Phoenix Club/Second Home Destinations:
http://www.denverpost.com/business/ci_16938799
Came across this which may be old news to you guys, but if not it makes interesting reading. I haven't been following the High Country Club situation for some time...does anyone know anything current? Is CK in jail yet?
http://www.bizjournals.com/denver/print-edition/2011/02/04/bankruptcy-trustee-sues-travel-club.html
Hello, hello, anyone alive on this forum? Did anyone receive the letter from the HCC bankruptcy trustee regarding attempts to pay off four creditors that have not been fruitful? Sounds like the trustee would like to pay funds into the 'registry of the court' (legal translation welcome, please) to the order of $1.5M.
Does anyone know if all secured creditors have been paid off? Would this $1.5M then get us ex members a few pennies on the dollar for our deposit refunds?
Thanks.
Cattledog
It is ridiculous that the bankruptcy courts cannot connect these parties.
Does anyone know the status of the HCC bankruptcy? I get occasional mail from the court but no indication as to whether this is close to resolution...