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Old 08-02-2011, 10:13 AM
Location: St. Louis
529 posts, read 899,986 times
Reputation: 238


Colony Beach and Tennis Club: Judge reverses key rulings on Longboat Key resort | HeraldTribune.com

The legal fight over the Colony Beach & Tennis Club has taken a dramatic new spin after a federal judge tossed some of a previous court's rulings that led to the closing of the famed resort.
U.S. District Judge Steven D. Merryday reversed key findings by a bankruptcy judge and ordered new arguments from attorneys for the Colony's homeowners' association and the Klauber family, which had run the Longboat Key resort for more than four decades.
What do you guys think will be the outcome of all this? A new, refurbed Colony or do you think this is going to drag out longer? What about the HOA fees, will the owners get nailed when the place is refurbed?
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