Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / remediation-recommendations-memo.docx
remediation-recommendations-memo.docx
Parties
Harkness LLP
Verimark Hospitality Group Inc
Directors Verimark Hospitality Group Inc
Verimark Coastal Resorts LLC
Aldrich LLP
Crestline Forensic Advisory LLC
Holt LLP
Gulf Standard Contracting LLC
Dates
January 3, 2024
July 24, 2023
January 9, 2024
June 19, 2023
December 18, 2023
December 20, 2023
November 15, 2023
November 17, 2023
September 30, 2022
June 30, 2023
Amounts
$26.4
$1.83
$10.8
$4.7
$6.1
$8.17
$142.3
$438.7
$1.87
$812,400
Obligations
The policy should specify the criteria for determining when a valid contract exists for a timeshare-interest sale, including the requirement that the rescission period must have expired without cancellation before the contract is considered to have met the enforceability criterion under ASC 606-10-25-1
These approval workflows must be system-enforced within VCR's ERP and procurement system
The call-back must be made to a telephone number independently obtained from the vendor's verified business records — not to a number provided by the party requesting the change
SOX Section 404 Remediation — Material Weakness The material weakness in VCR's internal controls over financial reporting, as identified and communicated by HSA on June 19, 2023, must be remediated before VHG can issue an unqualified management assessment of internal controls in its next annual report