Manhattan Club Lawsuit

I am anxious to be a part of the class action lawsuit. You have my email, HDUNSTER@AOL.COM

A

robertp336 wrote:

Here is an example of what really ticks me off. We have trouble booking rooms months in advance and I get a Jetsetter email offering rooms as low as $199 per night during the week. Looks like almost every day through April is available. Very frustrating.

http://www.jetsetter.com/hotels/new-york-city/new-york/7569/the-manhattan-club?nm=Search-TopNav&type=Dropdown&source=TopNav-nofollow

Yes, this is so wrong. What is taking the courts and the AG so long in coming to some resolution of the issues. It has killed any chance of selling the weeks.

Justice delayed is justice denied. No action by the courts or the AG to resolve the issues has rendered the value of the weeks $0. You cannot sell.

chrisv126 wrote:

i cannot, in my wildest dream, consider giving away (even for $100) my property to a thieving, lying, scheming, fraudulent so-called "real estate mogul. he should dine with bernie madoff................i'll even supply the stale hot dogs. in fact, they would make fine cell mates.

deborahs528 wrote:

flaviat2 wrote:

Hi! Has the Manhattan Club offered to buy our property back for $1? I have them pestering me for maintenance fees...

I "sold" one back to TMC June 2014 for $100 which I haven't received because the investigation started and they are now forbidden to complete any sales per the NYAG, so my situation is in limbo.

I don't think they generally offer, I asked, but while the investigation is in place, they can't do anything, offer or buy back.

The other thing is, they have first right of refusal if you wanted to try to sell it on the open market.

So its a wait and see scenario.

Your email has been rejected. You need to update this if you wish to have correspondence.

Has anyone heard if the court date is on for the 15th? Time?

Exactly my point. My fees are due in a week. They are well over $5000. I would happily give my two contracts to anyone who would take them! I feel so desperately trapped! Also I live abroad so its that much more difficult to use up the time!

deborahs528 wrote:

All of us have particular things going on in our lives that govern the decisions we make. I did not buy or want these timeshares but inherited them, and am in no position to pay over 6 grand a year of escalating fees, nor do I want to spend 2 weeks a year in the city. So getting rid of one for $100 is what made financial sense for us. Good for you that you can afford hold on to yours, but please don't judge us who don't hold share your situation/feelings or who aren't in the same fortunate financial situation as you.

chrisv126 wrote:

i cannot, in my wildest dream, consider giving away (even for $100) my property to a thieving, lying, scheming, fraudulent so-called "real estate mogul. he should dine with bernie madoff................i'll even supply the stale hot dogs. in fact, they would make fine cell mates.

deborahs528 wrote:

flaviat2 wrote:

Hi! Has the Manhattan Club offered to buy our property back for $1? I have them pestering me for maintenance fees...

I "sold" one back to TMC June 2014 for $100 which I haven't received because the investigation started and they are now forbidden to complete any sales per the NYAG, so my situation is in limbo.

I don't think they generally offer, I asked, but while the investigation is in place, they can't do anything, offer or buy back.

The other thing is, they have first right of refusal if you wanted to try to sell it on the open market.

So its a wait and see scenario.

Please send me address to be included in Class Action.

To davidh1203:

Thanks for your reply 😊, not so many people are responding to me.. Well, you might be right about that, that fees are not any index based.. And in this business money might end up even to private accounts.. We never know.

Actually, I'm replying to my own inquiry. This is what I found regarding the Friday, 1/15 court date. There are actually two hearings, one at 11:30 and one at 2:30. I hope to attend, primarily to put an actual "owner face" in front of the judge. Hope some of you can join me.

451536/2014 - SCHNEIDERMAN, IN THE MATTER vs. EICHNER, IAN BRUCE County: New York / Part: IAS MOTION 15EFM Justice: RAKOWER, EILEEN A. On For: Motion #001 / Action: ORAL ARGUMENT (71 THOMAS ST) Comment(s): 11:30AM Plaintiff Attorney: ERIC SCHNEIDERMAN Defendant Attorney: DLA PIPER US LLP

451536/2014 - SCHNEIDERMAN, IN THE MATTER vs. EICHNER, IAN BRUCE County: New York / Part: IAS MOTION 15EFM Justice: RAKOWER, EILEEN A. On For: Motion #002 / Action: ORAL ARGUMENT (71 THOMAS ST) Comment(s): 2:30PM Plaintiff Attorney: ERIC SCHNEIDERMAN Defendant Attorney: DLA PIPER US LLP

kays165 wrote:

Has anyone heard if the court date is on for the 15th? Time?

Double check your info. I think you might have old information. Hearings have been rescheduled in March.

davidf493 wrote:

Please send me address to be included in Class Action.

As far as I know, there is no class action suit. There is the investigation by the New York Attorney General and some owners have hired a lawyer, who seems to be monitoring things and advising. Perhaps if things go well re: the investigation, this lawyer may bring a class action suit, if it is warranted. I am be wrong about all this, but it was what I currently understand.

the nysag vs eichener IS NOT A CLASS ACTION lawsuit. it is the ag's suit only, and it relates only to legal issues in new york state. others caught in eichner's fraud/scheme-filled trap MIGHT benefit if the nysag wins the case. a class action suit is another thing: established by people within the "class action" and an appropriate attorney.

davidf493 wrote:

Please send me address to be included in Class Action.

This lawsuit has dragged on for four years. The value of our weeks is $0. We can not sell and we have difficulty getting reservations. This is truly criminal and justice delayed is justice denied. Why is a resolution taking so damn long?

stephen262,

please permit me to use your message as if i wrote it...........in other words DITTO. "why is a resolution taking so long?"...........and i add, why isn't schneiderman keeping us owners better informed of the case's progress?

pax,

chris

I just checked again and actually, there is also a hearing today. But, the two hearings on Friday (11:30 and 2:30) are both still listed as well. These hearings have nothing to do with any class action suit against TMC. The court had issued an injunction a long while back requiring TMC to turn over documents and stopping them from selling new units. The hearing Friday is on a motion by TMC to vacate part of the injunction; they want the court to (1) release some of the individual TMC executives from the case, (2) let TMC complete the sale of units to people who had agreed to buy before the injunction but the sale hadn't been finalized, and (3) order the NY Attorney General to stop sending mass emails to timeshare owners asking for info about the case. Again, although this has nothing to do with us owners directly, indirectly it does. We want the Eichers and TMC executives held responsible for their shady business practices. Showing support in court will remind the judge that real people (timeshare owners) have been impacted by this scheme and that everyone responsible should be held accountable. We also want to make sure that the NYAG does not get blocked in their efforts to gather information.

janeth379 wrote:

Double check your info. I think you might have old information. Hearings have been rescheduled in March.

The lastest from AG v TMC as of 01/13/21016

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=mcagxcyqAQZWVsNsa6gVCw==&system=prod

Can not open this. Can you please summarize.

The parties jointly request that the TRO (Temporary Restraining Order) be vacated and the Order to Show cause (OSC) be withdrawn. The judge did as the parties requested. I have no idea what this means in legaleze, but in English it seems pretty clear. The TRO was for the depositions in the legal and civil cases and the OSC was why should they not go forward as requested by the AG.

So can someone say if this means they will now go ahead and depose people and proceed with the trial?

I am no lawyer, but I don't think there will be any depositions until any criminal case is decided.

Otherwise, I would expect that the defendants would simply invoke the 5th amendment in any civil deposition.