We owned our Fairmont timeshare for 20 years. We exchanged it around the world for amazing vacations we otherwise would not have been able to enjoy with our family. Disney World, Phoenix, Mexico, Scottland, Portugal, Spain, Zanzibar, Big Island of Hawaii, Maui, Kauai, and others, so fortunately we were able to find great value in our ownership even with increased maintenance fees. I am appalled with the Northwynd takeover and the pride Kirk Wankel has taken on his linked in page with what he considers a successful business turn around for his investors. This is a multi-million dollar extortion that is not a business model to be proud of. He has done it before and will continue to do this. I have no answers only thoughts in hindsight on this matter.
Attatched below is a link I found that summarizes our Court Cases. Perhaps some GL clients have read through it before. If you are able to take the time to read it through to the end, it does answer many of the questions I had and provides clarity as to why we lost judgement. While it doesn't allow for much in terms of recourse, it is a clear indication of what was given up and when.
I was not in favour of the JEKE test case. While I was concerned about the resort alignment fee to stay or to go for $3,000.00, I wanted to walk away from my contract signed in 1994. I believed in contract law and my contract stated we could simply relenquish our unit at no charge and after 3 months of non-payment of maintence our unit would belong to Fairmont. I have met a couple of people that hired contract lawyers in Alberta and negotiated settlements long before ours was presented to Judge Young in the Alberta Court. Because I had already signed on with Geldert I decided to see it through with the group. I have been lumped into this case and extortion of thousands of dollars much to my dismay. I paid my resort fees for the first year without paying the alignment fee and used the timeshare with Interval so that helped eliminate one year of interest charges. I regret taking Geldert's council to not to pay any future resort fees as I will be paying them now plus interest and no weeks to exchange. I am chosing to pay the settlement fee and be released from my timeshare with Fairmont. I am putting this up to Lesson Learned - I thought it would be less expensive to do this as a group. Was I misguided or what lol?
In the Provincial Court of Alberta - Sunchaser Villas