Tweet
"...U.S. District Court Judge A. Richard Caputo appointed ROPA Associates in November in response to a petition filed by Textron Financial Corp. that claimed Vacation Charters was on the verge of filing for bankruptcy and had improperly used maintenance fees paid by timeshare holders to pay attorneys fees and to fund a portion of a $2.2 million settlement in a separate class-action lawsuit...."
Read the full article HERE:
Another example of what is wrong with much of this industry and the pompous attitude of developers/mgmt companies who treat owner's money as if it was their own. I wish that ARDA could devise some system where one of the requirements of membership for developers was to allow a third-party audit of the financials each year. That would actually be something that would protect owners!
Read the full article HERE:
Another example of what is wrong with much of this industry and the pompous attitude of developers/mgmt companies who treat owner's money as if it was their own. I wish that ARDA could devise some system where one of the requirements of membership for developers was to allow a third-party audit of the financials each year. That would actually be something that would protect owners!
Comment