SNOQUALMIE, WASHINGTON — The Snoqualmie Tribe (Tribe) filed a lawsuit on May 27, 2014 in King County Superior Court seeking to recover $1.5 Million, plus interest and other fees, on an past due promissory note related to the Tribe’s investment in a Fiji resort and casino project. The lawsuit names Larry Claunch and three of his business entities associated with the Fiji project as defendants.
“We have been trying for months to recover the $1.5 Million without having to file suit,” said Carolyn Lubenau, the Chairwoman of the Snoqualmie Tribal Council. “But no one responded to the Tribe’s demand. The Note is past due and must be repaid in full.”
The lawsuit alleges that representatives of the Tribe were approached with a proposal to invest in a new casino/resort project in Fiji in mid-2011 and, based on representations made and recommendations from a Tribal delegation that visited Fiji in December 2011, the Snoqualmie Tribal Council passed a resolution authorizing a $1.5 Million loan. In February 2012, a promissory note was executed by Larry Claunch on behalf of One Hundred Sands, Ltd., promising to repay the Tribe the $1.5 Million, plus interest, by February 2, 2014. No payment has been made.
“Snoqualmie Tribal Council’s primary job is to protect the welfare of the Tribe and the Snoqualmie people,” said Chairwoman Lubenau. “Our goal with this lawsuit is to recover the money that was loaned to Mr. Claunch for Fiji so that it can be used to benefit our Tribal members here at home.”