Foley Partner Daniel Bachrach was quoted in an article titled “Destination clubs raise their profile” in the September 28, 2009 issue of the Orlando Sentinel. Bachrach discusses non-equity “destination clubs,” noting that although bankruptcy law has evolved to include protection for time-share owners should a developer go bust, government regulation has yet to catch up with destination clubs. He adds that many of the protections that time-share law affords purchasers may not apply to non-equity clubs.
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