Murillo vs. RCI Settlement Conditions

As of December 2008, it seems a preliminary settlement has been agreed upon regarding the class action lawsuit – Murillo vs. RCI.  For background on this lawsuit please read the post RCI Class Action Lawsuit, Murillo vs. RCI.  Below you will find the terms and conditions of the settlement benefits in their latest form, which are subject to change.  I will keep this post updated regarding any changes or development in the settlement, and what exactly this could mean for RCI members.  Please scroll to the end of the post to explore how this settlement could effect you, or to post comments regarding this impending legal action.
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RCI Timeshare Complaints, Positive and Negative Experiences

Reviews on RCI timeshare ownershipThere are a number of sites on the web that RCI members use to voice their complaints about past experiences they have had with RCI. A majority of these issues have to do with the inability to trade weeks once they are deposited. The inability to exchange weeks for vacations at other resorts is exactly the same problem that the class action lawsuit, Murillo vs. RCI (which is currently in the discovery process) is focused upon – the idea that RCI is withholding weeks for sales to non-members or for use by executives as perks.
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RCI Class Action Lawsuit, Murillo vs. R.C.I.

RCI weeks members should be aware of developments regarding a possible class action lawsuit that is currently undergoing the class certification discovery process. The lawsuit is related to an alleged practice through which RCI takes out a lot of the gold crown, and highly sought after properties to rent out to the general public for profit, or for use as a fringe benefit for RCI employees and special guests. This skimming of available weeks makes it difficult for RCI timeshare resort weeks members to bank weeks for exchange at other resorts, since the availability pool is severely limited by this activity.
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