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Special Master recommends Orchidland receivership
#12
The collection of a percentage of these fees that the “Wirick Group” was prepared to write off could cover the expense of a Court Appointed Master Receiver.

She should have finished her sentence with "if they were legally collectable." The reason these fees were written off is because they are beyond the statute of limitations, and attempting to collect them would put the association in jeopardy of counterclaims. We already went down this road with Murikami. This was one of the more sane moves by the Wirick Group, imo. Is Ms. Cabral suggesting that the statute of limitations should be ignored? More importantly, will she accept full responsibility for the repercussions?

Hopefully the benevolent dictatorship is short-lived and some bylaw safe-guards are put in place to avoid future abuses (aka pulling a HPP)

Indeed, the Cabral/Day Lum receivership of HPP didn't fix anything. I would even suggest that a major root of their current problems could be traced back to that bylaws revamping. And now it's our turn. Yippee.
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RE: Special Master recommends Orchidland receivership - by My 2 cents - 12-17-2017, 07:13 PM

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