Could $131 kill C.L.Park District deal?
Topics: Viking Dodge
July 12, 2009
Could it matter to the Crystal Lake Park District whether a deal to buy the Viking Dodge real estate could be slowed by a $131 court order?
In January Judge Michael Caldwell ordered James Samaras, Jr. and Viking Dodge to pay Wayne Beto, Marengo, $131.00. Has Beto been paid yet? Not according to Wayne Beto.
Of course, maybe the deal won't really be affected, because James Samaras, Jr. does not personally own the real estate that he'd like the Park District to pay $6,000,000 for. And Viking Dodge doesn't own it, either. The real property is owned by Samaras' limited liability company, James Real Estate, LLC.
But the Park District will want to be sure that it is dealing with a man of integrity and who has respect for the courts in McHenry County, won't it? You know? Mr. Samaras probably just "forgot" to write a check to Wayne, or maybe he didn't know where to mail it to. Or maybe he's waiting for the $6,000,000 from the Park District to roll in, and then he'll pay Wayne.
Wayne's attorney goofed, big-time, by not putting a pay-by date in the Order that Judge Caldwell signed. He should have put "within five business days and in good funds" in the Order.
Wayne could get a judgment for the $131.00, but everyone, including Mr. Samaras and his attorney, knows it would take months. Wayne would file the action, and then Mr. Samaras' attorneys would get busy with Motions against it. Eventually, Wayne would get his money and all his legal fees and expenses, but at this point it's just not worth it. And Mr. Samaras knows that.
Maybe Mr. Samaras will be a gentleman and hand his $131.00 check to Wayne on Wednesday night at the Crystal Lake Planning and Zoning Commission meeting or at Thursday night's Crystal Lake Park District Board of Commissioners meeting.
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