Also of interest, from their website is the following:
This group of developers is offering options that include a considerable exchange of value where a Caravanserai owner will receive valuable usage at another St. Maarten resort for their Caravanserai interest, as well as an option that allows a full credit for the market value of their week toward the purchase of a new interest in a higher rated resort. The value of your timeshare interest at Caravanserai will be given maximum market value, even though the current developer has declared it annulled.
These offers are only being made to Caravanserai owners who did not sign the agreement with Alegria. These offers are only valid for six months.