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timeshare News Archive

Longmont senator to replace Groff as new Senate president (The Durango Herald)
DENVER - Democrats elevated a Longmont man to the state Senate's top post Friday. Sen. Brandon Shaffer will become Senate president May 7 after the current president, Peter Groff of Denver, leaves office for a senior post in the U.S. Department of Education.

Attorney general sues Cape timeshare developer (Cape Cod Times)
The former owner of the Navigator Beach Club in Dennisport collected more than $1 5 million from consumers, but never delivered the Timeshare units promised in exchange, Attorney General Martha Coakley alleges in a lawsuit filed yesterday in Boston.

Blue Jays keep bashing as Halladay beats Twins 9-2 (AP via Yahoo! News)
After seven dominant innings, Roy Halladay humbly offered this: He just wanted to hold the lead.

2 South Florida timeshare resale firms to pay unhappy customers $190,000 (The Palm Beach Post)
Boca Raton-based Timeshare Travels Inc. and World Timeshares Inc. of Deerfield Beach have agreed to pay $190,483 in restitution, Florida Attorney General Bill McCollum said Friday.

Fitch SMARTView: 1 U.S. ABS Timeshare Receivables Transaction Placed Under Analysis (Business Wire via Yahoo! Finance)
CHICAGO----Following its monthly surveillance review, Fitch Ratings identified one of its $1.04 billion U.S. ABS Timeshare Receivables transactions as 'Under Analysis', indicating that Fitch will be issuing a rating action within 30 days.