ecwinch
TUG Member
- Joined
- Jun 6, 2005
- Messages
- 3,731
- Reaction score
- 1,119
- Points
- 748
- Location
- San Antonio
- Resorts Owned
- Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
Does anyone have a copy for management contract with GPR for KBV?
Because one thing I do not understand is why would GPR accept a notice of non-renewal if it exceeded the authority of the Board of Directors to non-renew their contract. Is there some provision of their contract that constructively waives that provision of the by-laws? Because clearly they have a direct cause of action - one that does not require a derivative lawsuit. Is there some reason they are not enforcing their rights?
Just like I do not understand why Wyndham would have accepted the same.
Free Mai-Tai at the Lava Lava Beach Club to anyone who can explain that.
Because one thing I do not understand is why would GPR accept a notice of non-renewal if it exceeded the authority of the Board of Directors to non-renew their contract. Is there some provision of their contract that constructively waives that provision of the by-laws? Because clearly they have a direct cause of action - one that does not require a derivative lawsuit. Is there some reason they are not enforcing their rights?
Just like I do not understand why Wyndham would have accepted the same.
Free Mai-Tai at the Lava Lava Beach Club to anyone who can explain that.
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