Angel Fire, NM (April 21, 2005)--Angel Fire Resort received a ruling by the Court of Appeals of the State of New Mexico in favor of the Resort in the case of Angel Fire Resort vs. Corda, et al. The decision by the New Mexico Court of Appeals, affirms the Resort’s ability to take legal action to enforce the collection of outstanding membership association dues from delinquent property owners. The favorable ruling reverses a District Court Decision that ruled against the Resort almost two years ago.
In its appeal, the Resort asked the Court of Appeals to reverse the District Court ruling that the membership dues of several property owners were not enforceable in Court. Upon review of the Bankruptcy Plan, supporting documents and relevant legal authority, the court agreed with the Resort’s position that a judicial remedy existed. They therefore remanded the case to the District Court with instructions to grant the Resort's request. It is unknown whether any further appeals will be taken in the case.
“This is great victory for the Resort and AAFPO,” says Dan Rakes, General Counsel for Angel Fire Resort. “The ability to enforce the collection of outstanding membership dues in Court will benefit the entire community, including Angel Fire property owners by increasing financial resources for amenity operations, maintenance and improvements. premier year-round alpine recreation destination. Tucked high in the mountains of northern New Mexico, Angel Fire is the rare resort where you can golf, fish, ski, snowboard, tube, snow bike and cross country ski all on the same mountain.
For more information on Angel Fire Resort, please call 800-633-7463.
Krysty O’Quinn Walker
PR Manager, Angel Fire Resort
We are very pleased with the Court of Appeals decision.”
About Angel Fire Resort
If you can do it on a mountain, you can do it here. Angel Fire Resort is the Southwest’s
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Angel Fire Resort