Engineers Fight About To Get Ugly
/Evan Rothman continues to report on the possible sale of historic Engineers Country Club to Donald Trump. Now it seems some members aren't so happy about the Board's decision to put the sale to a vote and are not so subtly threatening to sue.
On December 20, Larry Hutcher, a lawyer for an unnamed group of Engineers members operating under the banner "Association for a Better Engineers" ("ABE") sent a strongly worded letter to Engineers CC's Board of Directors, stating: "While we are prepared to commence an action and move for injunctive relief to enjoin the Board's submission of this proposal to the entire membership of the Club for a vote, my clients and I would prefer to try to amicably resolve this matter."
The letter — a copy of which was obtained by this blog — goes on to say that "each and every board member must understand the grave exposure you have both as a board member and in your individual capacity in the event you proceed with the proposed transaction in the existing improper manner." It accuses Engineers' board of having "completely and abjectly failed to do even the most basic due diligence" — including its purportedly neglecting to secure an independent appraisal of the club's assets or seeking out other third-party offers besides Trump Golf's.