December 16, 2011
Resort operator New Raintree Resorts International LLC has agreed to forgo roughly $20 million in timeshare payments to settle a class action from members alleging they were hit with trumped-up membership charges, according to documents filed Thursday in a California federal court.
August 15, 2011
A California federal judge granted class certification Monday to a group of resort club members who claim timeshare company New Raintree Resorts International LLC breached its contracts with them by charging a fee for improvement and maintenance work on the resorts.