Donald D. Kessler, on Their Own Behalf and on Behalf of All Others Similarly Situated v. National Enterprises, Inc. Arkansas No. 1 Lcc

238 F.3d 1006 (8th Cir. 2001)

DONALD D. KESSLER, ET AL., ON THEIR OWN BEHALF AND ON BEHALF OF ALL OTHERS SIMILARLY SITUATED, PLAINTIFFS - APPELLANTS,

V

NATIONAL ENTERPRISES, INC.; ARKANSAS NO. 1 LCC, DEFENDANTS - APPELLEES.

No. 99-4249.

UNITED STATES COURT OF APPEALS, FOR THE EIGHTH CIRCUIT.

Submitted: May 8, 2000.

Filed: January 30, 2001.

Appeal from the United States District Court for the Western District of ArkansasBefore Loken, Heaney, and Bye, Circuit Judges.

Bye, Circuit Judge.

1

In the mid-1980s, plaintiffs purchased time-share interests in the Lakeshore Resort & Yacht Club (Lakeshore) in Hot…