The Orlando-based timeshare condo association, which governs the resort known as Orlando International Resort Club, which oversees the resort managed by Wyndham Destinations, has filed for bankruptcy, drawing attention from owners and industry observers.
Orlando International Resort Club Condominium Association, Inc. Under Bankruptcy
Orlando International Resort Club Condominium Association, Inc., at 5353 Del Verde Way, Orlando, FL 32819, filed for Chapter 11 bankruptcy protection this week. The case is being represented by the attorney R Scott Shuker from Shuker & Dorris, P.A. in the Florida Middle Bankruptcy Court.
The case number 6:25-bk-06813 of the association reports 50-99 creditors with estimated assets at $1,000,001 to $10 million and liabilities at $0 to $50,000, according to PacerMonitor.
The association oversees resort operations, handles financial planning, and represents the interests of its owners. OIRC promotes transparency by giving owners online access to board meeting minutes, budgets, financial statements, and other governance documents.
The association is made up of an elected Board of Directors that is in charge of the day-to-day administrative operations, vendor contracts, and upholding the state and association laws. Its mission focuses on keeping the values of the resort, accountability in financial management, and maintaining good communication with the owners.
The OIRC website provides deeded owners with updates and information about the resort’s ongoing management.
While the immediate focus is maintaining day-to-day operations under court supervision, the filing opens the door to reorganizing the association’s finances. The outcome will likely shape both the resort’s management and the long-term value of ownership for its members.
