From the Wires
Developer of Canyon Ranch Living Miami Beach Sued for Deceptive and Unfair Trade Practices
Jan. 29, 2009 02:34 PM
MIAMI, Jan. 29 /PRNewswire/ -- The developer of the alleged Canyon Ranch
Living Miami Beach, North Carillon, LLC, has been sued by a number of contract
purchasers for alleged deceptive and unfair trade practices in the promotion
and sale of condominium units at the Canyon Ranch Living Miami Beach project.
According to the website promoting the project, www.canyonranchmiamibeach.com,
Canyon Ranch Living Miami Beach was designed by Canyon Ranch to meet the high
quality standards of its destination resorts.
The lawsuit questions the very relationship of Canyon Ranch to the
project. At the core of this complaint is the alleged deception enacted by
the developer upon consumers that the condominium project is a Canyon Ranch
resort, akin to the Canyon Ranch resort in Arizona. The lawsuit asserts that
the Canyon Ranch brand name is temporary at best and that purchasers were
induced into purchasing units at the project due to the alleged deception that
it was part of the Canyon Ranch brand and family, when in fact, there was
nothing more than a phantom management agreement through which Canyon Ranch
partially operates the project for a limited term and unit owners are
restricted from trading on the Canyon Ranch name.
According to attorney Aaron Resnick, the founder of
www.recovermydeposit.com, who filed the lawsuits: "Unit owners are not
permitted to use the Canyon Ranch name upon their purchase of their respective
units." Resnick asserts in the complaint that although the units were sold as
Canyon Ranch Living Miami Beach, people were not in fact buying a Canyon Ranch
unit, a fact confirmed according to the complaint in writing. Resnick
explains, "Our clients paid incredible amounts of money to buy units at Canyon
Ranch Living Miami Beach after millions were spent marketing and promoting the
project as Canyon Ranch, yet they have now been advised that once they buy
they cannot use the Canyon Ranch name if they try to market or sell their
units."
The complaint filed by Resnick notes that the developer spent millions of
dollars advertising and promoting Canyon Ranch Living Miami Beach to
consumers, yet the developer's attorneys have refused to turn over the
management contract with Canyon Ranch and have stated in writing that the
management agreement only regards "spa-related services," and is not a
"management agreement" requiring disclosure under the pertinent sections of
chapter 718, Florida Statutes. "Our clients were looking to purchase
exclusive Canyon Ranch units, and now they want their money back," stated
Resnick. "Our clients have been forced to take the matter to court in
Florida."
SOURCE Aaron Resnick
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