Case takes timeshare firm Concord Developments to court

January 3, 2012 Off By administrator

Case takes timeshare firm Concord Developments to court
News from Straits Times:

Published on Dec 22, 2011

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The timeshare industry was dealt another blow on Wednesday when the Consumers Association of Singapore (Case) filed a lawsuit asking the court to stop local firm Concord Developments from operating.

The consumer watchdog said on Wednesday that Concord had breached the Consumer Protection (Fair Trading) Act (CPFTA) by ‘exerting undue pressure or influence on consumers, as well as making misleading or false claims to consumers’.

The association had asked the firm to sign a Voluntary Compliance Agreement.

But it refused, so Case is now taking the legal route.

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Consumer Watchdog Applauds Obama Administration’s Rejection of a Florida Effort to Evade Health Reform Consumer Protections
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Contact: Carmen Balber, +1-202-629-3043, or Judy Dugan, +1-213-280-0175, both of Consumer Watchdog

State Sought Waiver of Requirement That Insurers Limit Profits and Overhead to Make Health Insurance More Affordable

WASHINGTON, Dec. 15, 2011 /PRNewswire-USNewswire/ — Consumer Watchdog today applauded the Obama Administration’s decision to reject a bid by politicians in the state of Florida to evade a key consumer protection rule in the health reform law that requires insurance companies to reduce bloated bureaucracies and excessive profits to spend more on actual health care.

The announcement fol…………… continues on YAHOO!

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