ITRA has with the support of its members invested in seeking restitution on behalf of timeshare owners, past and present who maintain that they have been fraudulently misrepresented by various organisations in respect of the purchase and ongoing use of their timeshare so as to render it virtually valueless and untenable.
We are pursuing the coordination of a claim to the courts on behalf of timeshare owners who can justify due cause for full restitution, distress and damages on the grounds that their timeshare purchase was not of merchandisable quality.
Having realised the extent of the problems faced by timeshare owners, in June 2007 ITRA arranged a meeting with Counsel to discuss the merits of forming a class action suit (joint litigation action) against the parties who have deemed to mislead and cause distress to timeshare owners.
Having studied the findings of our preliminary investigations, Counsels opinion was that the case had merit and that further enquiries should be pursued.
The report has established that there are a number of reoccurring themes shared by distressed timeshare owners including:
Problems with obtaining a selected balanced exchange from exchange companies read more…
Year on year escalating maintenance fees (way above that of inflation) read more…
Exorbitantly high interest rates charged by finance companies introduced by marketers. read more…
Problems with the disposal and transfer of weeks and points. read more…
In light of this confidence, ITRA appointed a specialist law firm as legal managers to conduct further investigation and pursue the class action suit (joint litigation action) on their belief that their costs would be covered by winning a damages claim, on a fully insured and funded No Win – No Fee basis.
Who are the solicitors?
Seddons Solicitors
Who are the Barristers?
11 Stone Buildings-counsel Robert Deacon
Current Status
The first legal action that we have instigated is open to all timeshare and points owners who are or were RCI Europe members and who have been dissatisfied with the exchange promises made at point of sale.
Click here to download - “Copy of writ served to RCI in America - download PDF file”
If you believe that any of the issues included herein apply to you, please click here to find out with no cost if you qualify. Should you need any further clarification, please do not hesitate to contact us.
