Wave Crest Holdings v. Wave Crest Owners’ Assn.
Plaintiff and appellant Wave Crest Holdings, LLC (Holdings) appeals from an order denying its motion for a preliminary injunction and granting the Code of Civil Procedure section 425.16 special motion to strike of defendants and respondents Wave Crest Owners' Association (Association) and current or former Association directors Scott Gray, Robert Munoz, Stuart Rosenberg, Robert Brosius, Jeanne DeVaney and Patricia Krusee. Association's members own interests in timeshare vacation property. Holdings had sued defendants for breach of fiduciary duty and declaratory relief, alleging in part that they failed to share a property appraisal and purchase offer with Association's members, disclose conflicts of interest, or call a vote of the owners/members about whether to pursue a sale of the property.
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