Yes, there is a formal group that have banded together and hired a local St. Maarten lawyer. I was forwarded to this group from Jeff B and his newletter. See attached
Legal Alternatives
Monique Hofman is an attorney on St. Maarten with real credentials in the area of timesharing. A
number of timeshare owners are already in touch with her and she is contemplating next legal steps.
Here is her contact info:
Monique M. Hofman-Ruigrok
Bermon Lawoffice & Legislative Services
Frontstreet # 6, suite 3
Philipsburg
Sint Maarten
Tel: 1-721-5425088 / 1-721-5425074 / 1-721-5437827 Fax: 1-721-5425087
Email:
monique.hofman@bermon-law.com Website:
www.bermon-law.com As with any legal effort, there is no guarantee of success. In this situation, the current position of
timeshare owners is not totally clear. If you do join this group make sure you are clear on precisely
what you want to achieve. Do you want to continue to own your timeshare week? Do you want the
ability to trade that week into other resorts? Do you want the ability to sell that week to someone else?
Or do you simply want the right to use your unit in your selected week? Be sure you know what you
want and communicate it clearly if you decide to contact any attorney. As noted above, Alegria is a
St. Maarten business so if you want to deal with it from a St. Maarten perspective, you would have
to use an attorney licensed to practice on the Dutch side of the island.
Lastly, a number of people have asked us whether in fact the Bank of Nova Scotia was aware of the
timesharing transactions that have taken place over the last few years. All we'll say about that is
that the Bank of Nova Scotia is a highly capable institution that certainly must have done its due
diligence and must have known what the business was when it agreed to supply a large loan. Also,
since the Bank of Nova Scotia has been supervising the business for quite some time, we can't
imagine it doing so without thoroughly understanding the resort's business operations.
DISCLAIMER: We are not attorneys and do not give legal advice. We are simply trying to communicate
the current situation at Caravanserai in an effort to help timeshare owners know what they coping with
and what some of their options may be. As is always the case, it's up to timeshare owners to decide
on their own what they must decide on the basis of information they gather.
I believe if you really want to fight this travesty, this may be your only option.
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