Is "Daniel Craig" on your HOA Board?

[SnowDogDad]

Yes, I know.... *not* Daniel Craig the actor.

This past year, the MVC land trust nominated Daniel Craig to serve on the Grand Residence Club Lake Tahoe Board. He won a seat. He is also a Board member next door at the Timber Lodge.

Rumor has it he is on quite a few MVC property's Boards but I know nothing to back that up.

Does anyone recognize his name?

 

[mj2vacation]

Bond, James Bond.

 

[rcdcowner557]

Yes, I know.... *not* Daniel Craig the actor.

This past year, the MVC land trust nominated Daniel Craig to serve on the Grand Residence Club Lake Tahoe Board. He won a seat. He is also a Board member next door at the Timber Lodge.

Rumor has it he is on quite a few MVC property's Boards but I know nothing to back that up.

Does anyone recognize his name?

He was recently placed on the SF RCC board and openly declared that he has been a member on various Marriott Boards for something like 18 years. My experience with him on our board (which I have voiced openly to him) is that I am shocked at how he advocates positions that benefit the timeshare operator over those who actually pay the bills (legacy owners and beneficial owners of the trust). I could not escape the feeling that he goes out if his way to attempt plausible deniability by not asking salient questions so he can rubber stamp the timeshare operator's inflated assessments. FWIW, I suspect it is only a matter of time before one of the big class action firms puts the alleged independence of the MVC Trust under a microscope.

 

[dioxide45]

Not on Harbour Lake or Grande Vista boards. It seems these board members that are on many boards seem to be at west coast resorts. Or at least that is what I've noticed.

 

[Fasttr]

Not at MGO.

 

[rcdcowner557]

Not on Harbour Lake or Grande Vista boards. It seems these board members that are on many boards seem to be at west coast resorts. Or at least that is what I've noticed.

Ray Corbin sits on a number of East Coast boards (as well as ours).

 

[Superchief]

He was recently placed on the SF RCC board and openly declared that he has been a member on various Marriott Boards for something like 18 years. My experience with him on our board (which I have voiced openly to him) is that I am shocked at how he advocates positions that benefit the timeshare operator over those who actually pay the bills (legacy owners and beneficial owners of the trust). I could not escape the feeling that he goes out if his way to attempt plausible deniability by not asking salient questions so he can rubber stamp the timeshare operator's inflated assessments. FWIW, I suspect it is only a matter of time before one of the big class action firms puts the alleged independence of the MVC Trust under a microscope.

I'll watch for his name on ballots at my resorts and make sure to not vote for him. At least he has a name I can remember.

 

[ljmiii]

I'll watch for his name on ballots at my resorts and make sure to not vote for him. At least he has a name I can remember.

I'm voting for Dr. No.

 

[WBP]

He was recently placed on the SF RCC board and openly declared that he has been a member on various Marriott Boards for something like 18 years. My experience with him on our board (which I have voiced openly to him) is that I am shocked at how he advocates positions that benefit the timeshare operator over those who actually pay the bills (legacy owners and beneficial owners of the trust). I could not escape the feeling that he goes out if his way to attempt plausible deniability by not asking salient questions so he can rubber stamp the timeshare operator's inflated assessments. FWIW, I suspect it is only a matter of time before one of the big class action firms puts the alleged independence of the MVC Trust under a microscope.

Does this infamous “Daniel Craig” own at RCC/SFO, or is he riding the coat tails of the management company by owning Destination Club points, and not a fractional interest in RCC-SFO. I can’t tell if Daniel Craig is a pawn for the management company.

I will say this of career MVC HOA Board Members. First, I believe there should be term limits that preclude near-life long membership on a MVC HOA Board, and regular (not frequent) turn over of the HOA Board, with a balance between institutional knowledge and experience, and new Board members, and new ideas. Second, perhaps, slightly to the contrary, I remember, years ago, there were several career MVC HOA Board members on the Cypress Harbour HOA Board, that served out multiple, consecutive terms on that Board, and concurrent terms on other MVC HOA Boards. To the credit of these few HOA Board members, they did a fabulous job managing Cypress Harbour, beside a fabulous (then) Cypress Harbour General Manager.

 

[rcdcowner557]

Daniel Craig is not an owner at RCC SF. He is a points owner who sits on the MVC TOA Board (controlled by MVW employees). He was not elected to MVC TOA Board, but rather invited to be on that board by MVW employees for reasons they refused to give us despite our request for their selection process. There is zero chance Mr. Craig was selected because of any relevant experience or analytical ability. He knows nothing about our property, but they forced him onto our board by virtue of the Trust's vast majority ownership of the fractional interests at our property. He, and the other MVC TOA director, as well as the MVW employees who sit on our board, are all pawns for the Management Company. MVW literally took over our board when we engaged attorneys to put them on notice that they were overcharging us in violation of both the management agreement and timeshare statutes. The MVW directors refused to even ask the Club's attorneys about the dispute with MVW, quashed any further challenge to MVW on overcharges, and are proceeding into 2025 on a budget that the individual owners rejected.

 

[rcdcowner557]

Does this infamous “Daniel Craig” own at RCC/SFO, or is he riding the coat tails of the management company by owning Destination Club points, and not a fractional interest in RCC-SFO. I can’t tell if Daniel Craig is a pawn for the management company.

I will say this of career MVC HOA Board Members. First, I believe there should be term limits that preclude near-life long membership on a MVC HOA Board, and regular (not frequent) turn over of the HOA Board, with a balance between institutional knowledge and experience, and new Board members, and new ideas. Second, perhaps, slightly to the contrary, I remember, years ago, there were several career MVC HOA Board members on the Cypress Harbour HOA Board, that served out multiple, consecutive terms on that Board, and concurrent terms on other MVC HOA Boards. To the credit of these few HOA Board members, they did a fabulous job managing Cypress Harbour, beside a fabulous (then) Cypress Harbour General Manager.

Did those MVC HOA board members constitute a majority of the board? Thar is where the problem lies. As long as MVW-controlled board members do not comprise a majority of the board, then the true owners technically are still in control. Even in those situations, however, it can get uncomfortable where MVW is feeding the entire board disinformation. Things got uncomfortable at our property when we started drilling down on information requests. MVW completely ignored requests for information and all other direction we gave them, which prompted the board to engage attorneys to put them on formal notice. They stalled until the Annual Meeting, at which time they literally took over the board and quashed all further inquiry into the well-documented overcharges. To make matters worse, at the January 2025 meeting, they ratified all the financials the Club board had been disputing for the entire year of 2024. Brazen much?

 

[WBP]

Did those MVC HOA board members constitute a majority of the board? Thar is where the problem lies. As long as MVW-controlled board members do not comprise a majority of the board, then the true owners technically are still in control. Even in those situations, however, it can get uncomfortable where MVW is feeding the entire board disinformation. Things got uncomfortable at our property when we started drilling down on information requests. MVW completely ignored requests for information and all other direction we gave them, which prompted the board to engage attorneys to put them on formal notice. They stalled until the Annual Meeting, at which time they literally took over the board and quashed all further inquiry into the well-documented overcharges. To make matters worse, at the January 2025 meeting, they ratified all the financials the Club board had been disputing for the entire year of 2024. Brazen much?

This is really disgusting. It’s too bad that MVC does not include a blow by blow account(ing) of their actions, as part of their sales and marketing materials (in the context of full disclosure). It is clear that MVC Leadership are bullies.

I am struck by how reminiscent the saga of RCC-San Francisco is to the Marriott Grand Residence, Lake Tahoe HOA saga. THEN, there is the saga of the whole-ownership residences at The Ritz-Carlton Club and Residences, San Francisco.

It would be fabulous if a national media outlet (e.g. NYT, WSJ) covered this, or, at the very least, The San Francisco Chronicle.

 

[rcdcowner557]

This is really disgusting. It’s too bad that MVC does not include a blow by blow account(ing) of their actions, as part of their sales and marketing materials (in the context of full disclosure). It is clear that MVC Leadership are bullies.

I am struck by how reminiscent the saga of RCC-San Francisco is to the Marriott Grand Residence, Lake Tahoe HOA saga. THEN, there is the saga of the whole-ownership residences at The Ritz-Carlton Club and Residences, San Francisco.

It would be fabulous if a national media outlet (e.g. NYT, WSJ) covered this, or, at the very least, The San Francisco Chronicle.

I do blame MVC leadership entirely. They are setting up their soldiers who they put on the front lines without full information. The "professional" MVW board members must get no training on conflicts of interest and breach of fiduciary duty. I cannot escape the feeling they choose these folks based on their simplicity and blind faith in MVW. As far as shining a light on these practices, stay tuned. Systemic corporate misconduct at this level does not typically go unchallenged. Time will tell.

 

[Hindsite]

I do blame MVC leadership entirely. They are setting up their soldiers who they put on the front lines without full information. The "professional" MVW board members must get no training on conflicts of interest and breach of fiduciary duty. I cannot escape the feeling they choose these folks based on their simplicity and blind faith in MVW. As far as shining a light on these practices, stay tuned. Systemic corporate misconduct at this level does not typically go unchallenged. Time will tell.

Do the non MVW board members get training and how do they ensure that they undertake an "adequate" representation of the owners that they represent?

 

[rcdcowner557]

Do the non MVW board members get training and how do they ensure that they undertake an "adequate" representation of the owners that they represent?

That is an excellent question, and the answer before I was on our board was "No," because MVW was in charge of all board training before I came on the scene. Not unique to MVW- all managing agents prefer a relatively uneducated board that they can charm into not exercising oversight. With that said, the non-MVW board members do not face the added scrutiny that comes with having the conflict of interest that the MVW board members face in all decisions. Under California law board members with a conflict of interest lose the benefit of the business judgment rule.

 

[rcdcowner557]

And as a post script, the whole owners at our property are led by a seasoned lawyer who ran circles around everyone until I came on the scene. He is retired and I actually think he is enjoying having someone with a brain on the other side of the table for the first time in 10 years. MVW has done a good job of pitting us against each other, but we have already recognized between ourselves who the real wrongdoer is. Again, stay tuned. MVW is playing with fire at our building.

 

[WBP]

And as a post script, the whole owners at our property are led by a seasoned lawyer who ran circles around everyone until I came on the scene. He is retired and I actually think he is enjoying having someone with a brain on the other side of the table for the first time in 10 years. MVW has done a good job of pitting us against each other, but we have already recognized between ourselves who the real wrongdoer is. Again, stay tuned. MVW is playing with fire at our building.

The Ritz-Carlton Hotel Company, LLC, even though they are owned by Marriott International, and even though they have amassed a lot of money in licensing fees from Marriott Vacations Worldwide (for The Ritz-Carlton Club), made a gigantic mistake, years ago, when they allowed the Timeshare Jockeys at Marriott Vacation Club to operate The Ritz-Carlton Club. From the outset of the (RCC) brand, the engagement of The Ritz-Carlton Hotel Company, LLC in The Ritz-Carlton Club, was nearly abysmal; The Ritz-Carlton Hotel Company, LLC sold the naming rights to MVW, turned their head, 180 degrees, and when they looked to see what the MVW Timeshare Jockey’s were doing, they cringed. The Ritz-Carlton Hotel Company, LLC took their highly regarded, luxury brand name, known world-wide for legendary customer service, and sold naming rights to Timeshare Jockeys, who knew far more about offering timeshare purchase prospects an inflatable raft, or a cooler, for “taking a tour,” then they knew about luxury, and one of the once preeminent luxury brands in the world.

Imagine how the leadership of The Ritz-Carlton Hotel Company, LLC felt when the Timeshare Jockeys at Marriott Vacations Worldwide found themselves in this mess:
(see attached), "As a result of the settlement, the Company expects to record a charge of $25 million to $40 million in the quarter ended December 28, 2012 with respect to the settlement and to increase the existing accrual for the two remaining lawsuits. While the Company believes that the accrual will be adequate, depending on the outcome, the Company may be required to record additional charges in connection with these matters."

 

[rcdcowner557]

The Ritz-Carlton Hotel Company, LLC, even though they are owned by Marriott International, and even though they have amassed a lot of money in licensing fees from Marriott Vacations Worldwide (for The Ritz-Carlton Club), made a gigantic mistake, years ago, when they allowed the Timeshare Jockeys at Marriott Vacation Club to operate The Ritz-Carlton Club. From the outset of the (RCC) brand, the engagement of The Ritz-Carlton Hotel Company, LLC in The Ritz-Carlton Club, was nearly abysmal; The Ritz-Carlton Hotel Company, LLC sold the naming rights to MVW, turned their head, 180 degrees, and when they looked to see what the MVW Timeshare Jockey’s were doing, they cringed. The Ritz-Carlton Hotel Company, LLC took their highly regarded, luxury brand name, known world-wide for legendary customer service, and sold naming rights to a bunch of low life’s, who knew far more about offering timeshare purchase prospects an inflatable raft, or a cooler, for “taking a tour,” then they know about luxury, and one of the once preeminent luxury brands in the world.

Amen - that aligns with my read of the situation and the tension I sense between MAR/RCHC and MVW/RCMC. It will be interesting to hear what all have to say under oath if the matter continues to progress in that direction.

 

[dioxide45]

Amen - that aligns with my read of the situation and the tension I sense between MAR/RCHC and MVW/RCMC. It will be interesting to hear what all have to say under oath if the matter continues to progress in that direction.

Is there still ongoing litigation?

 

[rcdcowner557]

Is there still ongoing litigation?

Yes, and it is likely to expand in the not-too-distant future.

 

[WBP]

Is there still ongoing litigation?

There is an abundance of pending litigation against MVW related to The Ritz-Carlton Club and Residences, San Francisco.

RCC’s track record is abysmal. There was litigation in Aspen Highlands, and The Ritz-Carlton Clubs in Bachelor Gulch (Beaver Creek) and Jupiter fired RCC, and rebranded. Then, there was an implosion of the once Ritz-Carlton Clubs in Abaco, in the Bahamas, South Beach, and Kauai.

 

[dioxide45]

There is an abundance of pending litigation against MVW related to The Ritz-Carlton Club and Residences, San Francisco.

RCC’s track record is abysmal. There was litigation in Aspen Highlands, and The Ritz-Carlton Clubs in Bachelor Gulch (Beaver Creek) and Jupiter fired RCC, and rebranded. Then, there was an implosion of the once Ritz-Carlton Clubs in Abaco, in the Bahamas, and Kauai.

Sorry, I was confusing GRC and was referring back to the recent issue between Grand Residence Tahoe and the HOA. Wasn't that settled? I know all about the long standing issues related to all the RCC properties.

 

[WBP]

Sorry, I was confusing GRC and was referring back to the recent issue between Grand Residence Tahoe and the HOA. Wasn't that settled? I know all about the long standing issues related to all the RCC properties.

I believe Robert Bone, Esquire, is aware of the events at GRC, Lake Tahoe.

Timeshare Board Law Group

I am not current on that mess.