Pattaya Daily News

27 April 2012 :: 10:04:12 am 63407

California WOW Fitness Bankrupt Sued By Bangkok Bank

Bangkok Bank Plc has sued Thailand's biggest fitness operator: California WOW Xperience Plc (CAWOW).
Advertise Here

Bangkok Bank, the creditor, filed a lawsuit after the company was unable to service debts totalling 75.87 million THB (debt of 71.90 million THB and default interest of 3.97 million THB).
The report said CAWOW, founded by Mr. Eric Levine, “is continuing to make progress on the existing rehabilitation plan”.

There have been consumer complaints about the fitness company, which sells lifetime memberships but regularly closes facilities. Members have also complained about below standard services and breach of contract details, according to the Office of the Consumer Protection Board (OCPB).

Category : Business News

Comments in News


    
CAPTCHA Image
*

The messages you read here are opinions from the public and posted into the Forum automatically. The systems owner is not responsible for any content in the Forum or any comments posted. There is no proof that the contents posted are genuine or not, even if the name of the poster is real, th erefore, please use common sense when reading the Forum. If there are topics which are against the law or immoral, please contact webmaster@pattayadailynews.com

Robert

Moshe Schwantz

Jeremy

Nicky

bob