> health clubs are already highly regulated when it comes to memberships
I had thousands of dollars of prepaid training with 24 Hour Fitness in New York City when they potted that LLC into bankruptcy. Class counsel negotiated a $50 gift card for anyone with claims over $200, or something stupid like that. Bought home equipment and work with my trainer over Zoom.
TL; DR Even in highly-regulated markets, the protections are B.S.
I had thousands of dollars of prepaid training with 24 Hour Fitness in New York City when they potted that LLC into bankruptcy. Class counsel negotiated a $50 gift card for anyone with claims over $200, or something stupid like that. Bought home equipment and work with my trainer over Zoom.
TL; DR Even in highly-regulated markets, the protections are B.S.