Original Message:
Re: Resort management has changed from Southwind to the Colonnade (by Krazy E.):
Just saw on another timeshare board that both Colonnade and Grand Regency have been shut down. The owner/manager was arrested late last month for contempt of court in failure to appear for civil cases that the lenders have filed. I believe the attempted bankruptcies were dismissed because there was fraud (Grewal pocketing income from the properties and not paying the debtors). Can't bankrupt our of criminal activity like that. No telling what will happen next, but both properties are in pretty sad shape these days.