"When the power is greater, the responsibility becomes greater."
Johnny Boyd has a powerful voice that he cultivates.
If Johnny Boyd had all the facts and only the facts minus third-party perception, I trust that he is reputable enough to have never made comments regarding Related Cos. 'default' on the original loan as he does today in the Aspen Daily News.
His voice is far too powerful to sway gossip and I trust that my high opinion and respect for Johnny Boyd's voice is not in vain.
Johnny Boyd:
"....Thumbs up: Related Companies has managed to purchase the Base Village from the German banks. Finally, the company that reneged on its loan to the German banks is able to pay less to get the same property back. After you walk away from a mortgage I have to wonder: Where do you get the credit to ever buy anything again? Can I just walk away from mine and turn around and buy my house back for pennies on the dollar? This is another example of no respect for the rules, because you make them...."
(Read more? Click title)
"Unapologetically pursuing and tracking patterns within the news others make since 2010."
Showing posts with label Base Village. Show all posts
Showing posts with label Base Village. Show all posts
March 7, 2012
SandBoxBlogs: Snowmass Sun "Skico accused of fraudulent actions in Base Village condo sales"
Brent Gardner-Smith:
"Attorneys for 29 condo owners in the Capital Peak Lodge claim in a lawsuit that Aspen Skiing Co. “participated in a joint scheme” with other Base Village developers to defraud condo buyers.
The suit claims that Skico, along with Intrawest, The Related Cos., Related WestPac and other corporate entities involved with Base Village, purposely overstated the size of the condos in the Capital Peak Lodge in order to charge buyers more and increase profits.
The lawsuit also claims that entities associated with Related later took steps to conceal the true size of the condos from buyers by failing to list the size of the units on an official condo map and by providing overstated figures to the Pitkin County Assessor...." (Read more? Click title)
"Unapologetically pursuing and tracking patterns within the news others make since 2010."
"Attorneys for 29 condo owners in the Capital Peak Lodge claim in a lawsuit that Aspen Skiing Co. “participated in a joint scheme” with other Base Village developers to defraud condo buyers.
The suit claims that Skico, along with Intrawest, The Related Cos., Related WestPac and other corporate entities involved with Base Village, purposely overstated the size of the condos in the Capital Peak Lodge in order to charge buyers more and increase profits.
The lawsuit also claims that entities associated with Related later took steps to conceal the true size of the condos from buyers by failing to list the size of the units on an official condo map and by providing overstated figures to the Pitkin County Assessor...." (Read more? Click title)
"Unapologetically pursuing and tracking patterns within the news others make since 2010."
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