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Original Message:

Re: Manhattan Club Lawsuit (by Daveybob):

I just found that huge version of the Offering, dated March 12, 1999, subtitled FIFTEENTH AMENDMENT. Should I assume that the judge has access to ALL amended editions?

One scary item appears on pages 362-363 of the above book. It is Article 14, AMENDMENTS : , section 14.1. That section says that the ""sponsor" (probably defined somewhere in the document as Eichner)"... reserves the right at any time...to unilaterally amend this Timeshare Declaration...." The section continues: "Any amendment made by Sponsor pursuant hereto shall not require the approval of the Timeshare Association, the Timeshare Board or any Owner." The section lists some possibly appropriate reasons for which Sponsor might promulgate his amendments but the language says "...in its (sic) sole discretion....."

gerards23 wrote:
The Offering is that big book that weighs about 3lbs. that they Fed-Ex to you about 2-3 weeks after you sign your contract when it's too late to cancel the transaction (after the 7 day cancellation period). Which probably legally should have been given to you before you sign any paperwork at all .This book contains all of the rules ,regulations, conditions and description concerning your timeshare,etc. (AKA: the fine print they probably don't want you to see until it's too late to back out).It's ironic that on the cover there's a statement that reads " This offer contains a high degree of risk".