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Saturday, July 21, 2007

Too Much Leisure for Leisure World – No Transparency Required

Too Much Leisure for Leisure World – No Transparency Required
July 21, 2007
Carol Franz, Ed Loritz and other concerned residents have been a thorn on the side of the management company running Leisure World for over four years, demanding to see among other things, legal invoices, financial statements and other records belonging to the Golden Rain Foundation. The dynamic duo has used the court system to force transparency and has won every time. The streak came to a close July 19, 2007 when Orange County Superior Court Judge Leon Emerson wrote denied the duo, the right to inspect a $50,000 employment contract for Habir Narang, a consultant for Golden Rain and the company’s retired top executive. The ruling is Franz and Loritz’s first legal set-back in a series of court battles against their residential management company.
Might his ruling be an argument to write letters to California Senators, Assemblymen and California Law Revision Commission as author and advocate Vanitizian suggests?:
This is likely the first of many warnings from our stupid courts as to WHY owners should NOT SUE their BOARDS if at all it can be helped --> Thanks to California Senators and Assemblymen & California Law Revision Commission.
Let this be a warning to all of us what California's stupid Legislature has done and continues to do deed-restricted property owners! You can now see how very important it is to fight the California Law Revision Commission and the bad Senate and Assembly bills at ***this*** stage of the game rather than when its too late. D. Vanitzian
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