By Irene Parker, MBA
A tangled web of four class action lawsuits filed by active duty military service members marches on. Lawsuits have been ongoing, accusing Holiday Inn, Westgate Resorts, Bluegreen Vacations and Travel & Leisure/Wyndham of violating the Military Lending Act.
By Irene Parker, MBA
A Petition for Writ of Certiorari to the United States Court of Appeals for the Eleventh Circuit was filed in the Supreme Court of the United States on October 18, 2024 on behalf of petitioners EMMANUEL G. LOUIS and TAMARAH C. LOUIS v. BLUEGREEN VACATIONS UNLIMITED, INC., and BLUEGREEN VACATIONS CORPORATION, Respondents CASE NO. 21-CV-61938-RAR
March 12, 2024
Westgate Resorts and other timeshare Developers have been sued, accused of violating the Military Lending Act (MLA). Congress passed the Military Lending Act (MLA) in 2006 to protect servicemembers from predatory lending. Today we summarize fourteen reports received from military families that experienced security clearance concerns due to a timeshare loan default. At the crux of the matter is whether a timeshare is a residential stay or a transient stay. Arbitration is prohibited under the Military Lending Act, but home mortgages are exempt. Developers vigorously argue for arbitration.
By Irene Parker
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