RCHFU LLC, et al vs. Marriott Vacations Worldwide, Marriott Vacations Club, Ritz Carlton Hotel Management LLC et al.
Mr. Simon served as lead expert for approximately 220 plaintiffs seeking damages for Breach of Contract, Breach of Fiduciary, Unjust Enrichment and other claims related to the Ritz Carlton Residence Club in Aspen Colorado. Mr. Simon advised four of the plaintiff’s law firms in complaint strategy, rendering and Expert Opinion on causation regarding diminution of value of the fractional interests, estimating disgorgement amount, development of financial models to support Plaintiff’s complaint and other estimates of total damages resulting from Defendants on alleged wrongful actions. Mr. Simon was deposed on his Expert Opinion, as part of his services. The case is on-going in the United States District Court of Colorado.