Tuesday, April 01, 2008

Urgent News For All St. Maarten Timeshare Owners:

Every current or future owner of any St. Maarten timeshare resort --- or even full- or partial-owners at other condominium developments --- had better be watching closely the latest litigation initiated by Festiva Atrium against certain timeshare owners who are litigating against that resort.

We published news about this last week in a Bulletin to all our readers. If you missed it, see our archives at http://jmbcommunications.com/cgi-bin/dada/mail.cgi/archive/pelican_resort .

Festiva wants the Antillean courts to allow it to change provisions of the contracts it currently has in force between itself and its timeshare owners regarding charges it has levied and intends to levy against its timeshare owners. It apparently wants to remove limits on these charges, so it can charge whatever it decides to charge.

The court’s forthcoming decision on this matter will no doubt be applicable to all other SXM Dutch Side timeshare or condominium resorts and that is why it’s so important. A decision in favor of Festiva Atrium would, according to some people, open the floodgates to big increases in Annual Maintenance Fees at all SXM timeshare resorts and to huge Supplemental Maintenance fees such as those at Atrium that are being contested in court by some Atrium timeshare owners.

It’s critical for all timeshare owners to stay aware of this situation. We will post news as soon as we receive it. In the meantime, if you know anyone who owns or is contemplating buying timesharing in SXM, please suggest to them that they subscribe to this newsletter using the link immediately above the masthead on www.everythingstmaarten.com . If they own at Atrium, they should also contact rowiep@aol.com ; that’s Rowie and Pat Percoco who are involved in the current Atrium timeshare owner litigation.

Spread the word please . . . this is a big deal.