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DRI Sued for high pressure sales tactics

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pgnewarkboy

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Anyone can file a lawsuit. It doesn't mean they will win the suit.
 
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curbysplace

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Coach Boon said:
In addition, he's a trustee of the the American Resorts Developers Association. I'll leave that for you to decide if that's a positive or negative thing.
Click to expand...

There are two trade associations under the ARDA umbrella, one for developers and one for owners. The optional contribution to ARDA you see on your annual maintenance fee statement does go to the owners division. What is interesting when you look at the list of the board members of the two "separate" organizations they are essentially the same people and/or companies & organizations. This in my opinion is a built-in conflict of interest. Regarding their specific efforts, what I have seen over the years is that they are always in lock-step in their positions when they lobby a state legislature or US Congress. Often what is pushed in the interest of the developers is not best for owners. Check it out for yourself online.
 
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TEA CIE

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Interesting - Same Board for Two ARDA's

curbysplace said:
There are two trade associations under the ARDA umbrella, one for developers and one for owners. The optional contribution to ARDA you see on your annual maintenance fee statement does go to the owners division. What is interesting when you look at the list of the board members of the two "separate" organizations they are essentially the same people and/or companies & organizations. This in my opinion is a built-in conflict of interest. Regarding their specific efforts, what I have seen over the years is that they are always in lock-step in their positions when they lobby a state legislature or US Congress. Often what is pushed in the interest of the developers is not best for owners. Check it out for yourself online.
Click to expand...

Had never paid attention to this until now. Can you post the links?

First thought I have is they shouldn't have the same board because like you said it is a conflict of interest. Strange that no one has called for a change not even government oversight (is there one? )
 
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curbysplace

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Here is the link to the two boards of directors on the ARDA.org website

ARDA--developers:
http://www.arda.org/who-we-are/whoweare/boardofdirectors/overview.aspx
42 Board members

ARDA-ROC--owners:
http://www.ardaroc.org/roc/about/default.aspx?id=1354
21 Board members

Many of the same people on both boards; if not the same people many of the same developers on both boards; some of the developer names show up differently--initials, different legal entity, etc., and most interestingly there are no independent individuals (correction there is one/owner representative or individual) on the 21-member ARDA-ROC (owners) Board.
 
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