Meadowood, Inc. v. Armstrong

In December 1988, Meadowood Country Club ("the club"), a social, recreational, nonprofit corporation, completed sale of its facilities to the City of Westlake ("the city") for $1,121,954.90. A month later the club sought a declaratory judgment to determine the validity of the sale and rights of its associate and certificated members to participate in the dissolution proceeds. The associate member class of defendants filed a counterclaim against the club seeking to establish their entitlement to certificatedmembership in the corporation. They also cross-claimed against new party defendant…