Pickwick Pines settles lawsuit; pays $260K
Published: July 20,2014
IUKA — Pickwick Pines Resort and its owner have agreed to pay $260,000 to settle a consumer protection lawsuit that the state attorney general filed in federal bankruptcy court.
The Northeast Mississippi Daily Journal reports that the resort’s owner, David McMeans, will pay $10,000 to the attorney general’s Consumer Protection Fund. He also will pay $250,000 to reimburse the state for attorneys’ fees and expenses.
Attorney General Jim Hood filed a civil complaint against McMeans and several Pickwick Pines business entities for unfair and deceptive business practices that included misrepresentation of fees charged to resort property owners and people leasing properties.
The Pickwick Pines Association of Homeowners has been in a legal battle with McMeans in federal court over several issues, including escalating annual fees.
Agreements the residents signed with Pickwick Pines said the mandatory annual fee of $600 when the resort opened in 2003 would be locked in as long as the purchaser owned the property. However, the annual fee escalated to $1,800 and has remained at that level since 2007.
In the years since original complaints were filed by the attorney general and homeowners, McMeans and his Pickwick Pines properties have gone into bankruptcy, and all claims against him have languished there.
In December 2013, Pickwick Pines Association of Homeowners won a temporary injunction that barred McMeans from collecting their annual fees until the attorney general’s case was settled.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- BILL CRAWFORD: Dan Jones not the angel he is portrayed to be
- JOSH MABUS: Bill Murray and business misfits
- The Dan Jones-IHL saga: Is this the story that started it all?
- Analysis: Closed meetings can feed false public impressions
- DAVID DALLAS — From Dan and Dixie with love
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Lawmakers move on bonds despite complaints from colleges and universities
- Cal-Maine income skyrockets as prices rise and costs shrink
- Bill would use casino taxes for bridges, little for tourism