Originally posted by JLB
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TS TODAY - Judge concludes RCI Class Action
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“Maybe you shouldn't dress like that.”
“This is a blouse and skirt. I don't know what you're talking about.”
“You shouldn't wear that body.”
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To take your point a step further, one of the purpose of the lawsuit was to approve rentals, legitimize them, and specify how it is to be done, and, therefore, the suit was successful.RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick
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Originally posted by JLBTo take your point a step further, one of the purpose of the lawsuit was to approve rentals, legitimize them, and specify how it is to be done, and, therefore, the suit was successful.
One the defense side, however, RCI's and it's attorneys saw this as a great opportunity to legitimize their rental programs.
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I speculate that RCI response to the case was as follows. They did not welcome the lawsuit, but once the lawsuit was filed the goal was simply to resolve the matter with the least damage possible.
In deciding to settle, they simply looked at what it would cost them to defend the case plus the probability of the cost should it proceed to trial, and weighed that against the cost of settling. The "correctness" of their position does not enter into the equation at all. It's strictly a business decision, every bit as much as the decision by plaintiff's counsel to take the case is simply a business decision.
Having reached that position, however, it does become important to RCI to insulate themselves against having to repeat the process. So, one key element for them in getting a decision is to eliminate the possibility they will need to pay another million dollar settlement in the future for the same issues.
Having hired capable counsel, the terms of the settlement therefore included legitimizing the action that is the object of the litigation.
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This is not rocket science. Anyone who has even a passing knowledge of class action litigation knows the game that is played.
The only surprising element in any of this is that some people here, including some who are familiar with legal process, willed themselves to somehow believe that somehow this case was "purer" in intent and purpose than other class action cases.
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As regards purity and noble intentions, had class action lawsuits been extant in Bismarck's lifetimes I' sure that he would have included them with sausages and legislation as things a sensible person should never witness being created.“Maybe you shouldn't dress like that.”
“This is a blouse and skirt. I don't know what you're talking about.”
“You shouldn't wear that body.”
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Much like NASD litigation.
Didn't someone just in each lawsuit there is a Plaintiff, a Plaintiff's attorney, a Defendant, a Defendant's attorney and every case two of that will be winners.RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick
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Originally posted by T. R. Oglodyteto summarize - this played out almost exactly as many of us predicted it would when the suit was filed.
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