tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Timeshare Compliance annunces ruling in lawsuit against Hilton’s Diamond Resorts

Timeshare Compliance won a major victory for nearly 800 victimized timeshare owners as a U.S. District Court judge ruled a lawsuit against Hilton’s timeshare giant Diamond Resorts will go forward. U.S. District Judge Dale Fischer said in an order denying summary judgement to Diamond Resorts that among other reasons, the timeshare company failed to show that Timeshare Compliance’s good-faith efforts to help dissatisfied timeshare owners exit their contracts constituted interference in a business relationship or "tortious interference." Among the rulings favoring Timeshare Compliance, the court said that Timeshare Compliance’s statements to Diamond Resorts’ timeshare owners that their heirs automatically inherit their timeshare contracts were not false. In other words, the lawsuit alleges, Diamond Resorts lied when it told timeshare owners that their heirs wouldn’t inherit the contracts, when in fact as Timeshare Compliance correctly informed Diamond owners, the timeshare contract continues, and family members would be on the hook for burdensome fees every year, long after the original owners had passed on.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on HLT:

Disclaimer & DisclosureReport an Issue

1