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Original Message:
Re: Manhattan Club Lawsuit (by Karl H.):
My wife & I joined the Zimmerman lawsuit 16 months ago. I spoke to Zimmerman yesterday: the lawsuit will be filed within days. [Originally it was schedule to be filed by July, but the large number of Manhattan club members recently joining the lawsuit slowed things down.] Keep in mind, the individual cost of joining the lawsuit is just a fraction of our annual fee, but it offers a concrete possibility to get a reimbursement on our original purchase price. My wife and I had considered not paying our maintenance fee, but decided to pay it to give the Zimmerman lawsuit a chance to prove its merit. Since our purchase some 15 years ago, we have invested over $70,000 into this timeshare. Another year of the timeshare fee to preserve our standing in the lawsuit, and protect our standing for a possible court award, is a piddling investment compared to what we will otherwise lose. However, if the lawsuit goes nowhere - and we will know sooner rather than later - it may well be time to bail out of the Manhattan Club - cut the losses and get on with our lives. For us, should that decision be necessary, we find the idea of a coordinated move among members to stop paying the annual fees an attractive possibility. I would certainly urge this option among the substantial number of Manhattan Club members currently in the lawsuit, should that be necessary, and I would hope other dissatisfied Manhattan Club members who are not in the lawsuit would, nonetheless, reconsider joining the lawsuit and, if later justified, joining ranks with those litigant members in a united front to just say "no more" to the Manhattan Club management. A united front among dissatisfied members would send a powerful economic and political message to those who have mismanaged the club for years, and who have engaged in tactics that are antithetical to the interests of so many Manhattan Club members.