But resale owners at Riviera cannot trade into the original 14 resorts, while direct owners can. So they would still be treating direct and resale owners at Riviera differently from each other. Something that you seem to think they cannot do, but they are doing.I won't argue with you, just read the declaration where it says it can only be unilaterally amended in the member's interests. It is there in black and white.
I'm not sure you are entirely grasping my point which is probably my fault. They would already have amended the declaration to exclude resale from exchanging into the first 14 if they could. They can't.
So the first 14 can always exchange into the original club.
For various legal reasons, I fail to see how you can have another resort joining the same club, but excluding members who are paying dues (resale) and paying for the facilities the inability to trade into the resort that has joined. That would not only be grossly unfair, and in my view potentially actionable, but it also would not fit DVCMC's fiduciary duty to act in the interests of its members who pay for it to run the club.
What they can do, is set up another club. The average member won't be aware of this, it's just DVC as far as they are concerned. All new resorts from now on go into this new club.
DVD can set the rules on this new club, by agreeing that a Riviera member can trade into the original DVC club, but they'll only allow direct and grandfathered to trade into the new DVC Club from the original DVC Club. Thus it's a points exchange out of the original club into the new club and into the original club from the new club. This way they get around fiduciary duties owed by the administrator of the original club, DVCMC, to to members in DVC 1.
This is my take on it, you seem to disagree, but many people seem to believe this will be how it works.
If it doesn't I'll be interested to see how they manage it.
The BVTC statement which they've apparently had to amend to facilitate this, may cast more light on this.
What they have said is that from now on, any resale owners can only use their points at their home resort.