Eric Cline
๐ค SpeakerAppearances Over Time
Podcast Appearances
Paperwork was all done.
We were waiting to close the deal.
And we ended up getting, which I can't name the two timeshare developers just because of my settlement.
But two of the largest timeshare developers in the world, publicly traded, multi-billion dollar companies.
We know they got a hold of our book when we sent it out to all the private equity firms and they knew we were going to be exiting.
They ended up suing us, my companies personally, and then me and my wife personally.
So they sued our companies and then me and my wife.
And we got some poor advice from a lawyer, paid him $150,000.
As soon as the first lawsuit came,
We panicked.
Of course.
We didn't know what to do.
Of course.
So we started literally just Googling bankruptcy attorneys because we were told by someone if you file a Chapter 11 on the company, no one else can sue you because we got one lawsuit.
Thirty days later, we got another lawsuit, and we're like, holy shit, this is scary.
We literally panicked.
Was it the first time you were getting sued?
Ever.
Ever.
Ever.