Black Rock golf clubbers lose class-action suit
Former members of a luxury golf club on Lake Coeur d’Alene have lost a class-action lawsuit seeking millions of dollars in membership refunds after the club was surrendered to a Spokane-based bank in 2010. The plaintiffs sued Washington Trust Bank and subsidiary West Sprague Avenue Holdings LLC, arguing that they were entitled to almost $29 million in club initiation fees paid to The Club at Black Rock LLC. They also sought $15 million in interest and other damages. Following a two-week trial in U.S. District Court in Coeur d’Alene, a jury on Monday decided the defendants were not responsible for refunding fees to about 300 former members of the club, built by developer Marshall Chesrown between 2000 and 2003/Scott Maben, SR. More here.