Baby Otter Swim School Operates In Palm Beach County, Broward County. Claims Major Corporate Clients. Bank United Says Owners Owe Big Bucks.
BY: STAFF REPORT | BocaNewsNow.com
PALM BEACH COUNTY, FL (BocaNewsNow.com) (Copyright © 2021 MetroDesk Media, LLC) — A Palm Beach County swim school is under water — owing at least $43,000 to Bank United.
In a lawsuit just filed in Palm Beach County Circuit Court, Bank United alleges that “Baby Otter Swim School, Inc.,” entered into a $50,000 loan agreement in September of 2019. But owners Marlene Bloom and Mindy York have apparently only paid back $7,000 of the principle. The loan — in its entirety — was to paid back by September of 2020.
From the filing: “The defendant, Baby Otter Swim School, Inc., a Florida Corporation, defaulted under the Promissory Note and the other loan documents by failing to pay the payments when due (on) September 6th, 2020, and all of the aforesaid obligations under the Loan Documents were defaulted, accelerated and demanded by Bank United. No written demand is required by the terms of the loan documents but was issued and sent on April 12th, 2021 and not responded to.”
Attorneys also wrote: “Plaintiff Bank United does demand the full amount due of the principle sum of $43,000, interest at a default rate of 18%, plus all incurred attorneys fees and costs incurred, and does declare the same to be immediately due and payable.”
Baby Otter, on its website, advertises both personal lessons at your home and lessons allegedly provided hotels and resorts, including Marriott, Club Med, Westin Hotels, Westgate Resorts. The school states its “Turn, Kick Reach” approach is “the most effective teaching methodology today.”
Read the complete lawsuit, below. If the filing does not appear, use this to access.
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