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Original Message:

RCI / class action suit (by KC):

Re: >> what confuses me is that the lawsuit (from the little I've read) is mainly concerning RCI renting out surplus weeks <<

I'm not sure that this is entirely correct. My own understanding, perhaps flawed, is that the plaintiffs contend that RCI is actually renting out PRIME weeks (which were deposited by the owners of those weeks), for RCI's own profit, and that in so doing RCI is then making those PRIME weeks unavailable for any exchange by the paid RCI membership, contrary to the entire point and purpose of "depositing for exchange". Perhaps I'm mistaken, but I don't think it has much (if anything at all) to do with "surplus" weeks, which are of little interest or value to plaintiffs (or to anyone else, for that matter) in the first place.

Re: >> RCI would be cutting off their nose to spite their face to rent member deposits. <<

How so??? Making money hand over fist can hardly be regarded as being against their OWN interests.....

Re: >> RCI attorneys have crossed all the t's and dotted all the i's. <<

Well, we shall see, I guess. That's what a courtroom is for. At the very least, the RCI attorneys will likely have the opportunity to openly explain how/where/why so many decent deposited weeks have somehow become completely invisible and completely unavailable for dues paying RCI members to exchange into in recent years.

Re: >> The attorneys that represent RCI, both in litigation and in contractual matters have only one alliegiance, to their client, who is the Cendant Corporation that owns RCI....<<

I'm told (yesterday, in fact, by an RCI points rep) that RCI is no longer owned by Cendant Corporation at all. Whether that's true or not will have little or no bearing on the outcome of the class action suit in which RCI is the named defendant.

To be clear here, aside for being an RCI member I have no horse in this race and I am not a participant in the legal action. That said, it has still become clear to all in recent years that RCI "exchanges" are far less available than they were formerly. Why??? Whether that has something to do with RCI adopting "points" practices back in 2000, or whether it's due to any (or all) of the underlying claims within the lawsuit remains to be seen. In any event, I am personally not at all displeased to see RCI practices put under the spotlight and/or be subjected to the test of "bright sunlight". Let the facts become known -- and may the truth (somehow) prevail.