Bobby Ginn
Edward Robert "Bobby" Ginn III the Chairman and CEO representing several of the Ginn Family Companies, over 200 family owned companies from developing to the management of these companies, and partner of a merged NASCAR Nextel Cup team Ginn Racing (formerly MB2 Motorsports, which he purchased from MB2 owner Nelson Bowers, Jr. in 2006).[1]
The Ginn Family of Companies have designed and built many high-end Resorts & Communities in Florida, South Carolina, North Carolina, Vermont, Colorado, Bahamas and Saint Thomas with future locations around the World. When the real estate market collapsed during the Global financial crisis, he faced lawsuits from disgruntled lot and condominium purchasers who alleged that he used deceptive and misleading trade practices. Bobby Ginn has stated he will "vigorously defend against these false allegations".[2] Property owners at his former Ginn Sur Mer resort development in the Bahama's are suing Ginn's lender Credit Suisse as part of a multibillion-dollar lawsuit led by the bankrupt luxury Yellowstone Club founder Tim Blixseth and his son Beau Blixseth. The owners claim the resort failed because of a "loan to own" scheme between the bank and Ginn that was replicated at other luxury resorts in the United States.[3]
Ginn Racing formed by Thomas Ginn merged on July 25, 2007, Dale Earnhardt, Inc., forming a four-car team starting with the Allstate 400 at the Brickyard.[4]
The Ginn Family of Companies have sponsored several professional Ginn Events from Ginn Golf, Ginn Concerts, Ginn Racing through Ginn Sports Entertainment. These events including the Ginn Championship at Hammock Beach Resort, the Ginn Open at Reunion Resort and the Ginn sur Mer Classic at the Conservatory.
References
- ↑ Upstart Ginn Joins Pursuit of Earnhardt
- ↑ It’s Tee Time. Where Is Everybody?
- ↑ Judge upholds most charges in Ginn case, by Jeffrey Todd, The Nassau Guardian, April 5, 2012.
- ↑ Ginn saw DEI merger as only way to compete