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They won the lawsuit and Westgate Resorts were ordered to pay $600,000. Despite paying $50,000 initially, Westgate stopped payment and the matter went back to the courts for another three years. The matter was finally settled under Judge Michael Baxley, and Westgate agreed to pay $500,000, $100,000 less than the original judgement required.
Diamond Resorts settled for $800,000 on December 23, 2016, after the company was sued by Arizona under the ACFA for misleading consumers about timeshares. Some of the allegations included increasing maintenance fees, membership resale and buy-back programs, timeshare resale market, ability to rent timeshares, and discounts on travel needs. [13 ...
RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare exchange company with over 4,300 affiliated resorts in 100 countries.. Founded in Indiana in 1974 by Jon and Christel DeHaan, RCI is one of the two main timeshare exchange businesses, along with Interval International (II).
Timeshares are a type of fractional ownership of vacation properties. When you buy one, you purchase the right to vacation at the property — or sometimes use "points" to vacation at timeshare ...
Timeshares have come a long way since their early days, when unsuspecting buyers took advantage of free food and lodging "trips" only to be cornered in a room for hours while being hounded by...
Resorts World was to begin construction in 2014, with the opening set for two years later. However, the project was delayed several times due to redesigns, with construction eventually starting in late 2017. Further design changes were made after Wynn Resorts filed a lawsuit, alleging similarities to its nearby Wynn/Encore properties.
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