Today we have round up of some news from the courts, we begin with our old friends in Tenerife Silverpoint Vacations SL.
The High Court Number 4 in Tenerife have declared a Silverpoint contract null and void, the reason, it contained no tangible product, in the words of the Judges they described it as nothing more than “A BAG OF SMOKE”.
Silverpoint have now been ordered to refund the English clients of Canarian Legal Alliance, the full purchase price of £14,214 plus all their legal fees and legal interest.
This goes to prove that the courts are now seeing what we have always known, that the product Silverpoint was peddling was nothing more than fresh air.
The first, involving a German client of CLA had their contract declared null and void, this was due to the fact the contract was for an unlimited period, known as perpetuity. Under the Timeshare Law 42/98, contracts cannot be for a period longer than 50 years.
The judge in this case also penalised Anfi for taking payments within the cooling off period, he awarded the clients double the amount paid, they will now receive over 66,602€ plus legal interest.
At the same court another Anfi contract was declared null and void, again the contract exceeded that required by law being of an unlimited time or perpetuity.
In this case CLA’s Swiss clients have been awarded double the purchase price, due to the illegal taking of payments within the cooling off period of 3 months. These clients will now receive over 36,000€ plus illegal interest.
Today we also highlight another law firm that is taking on the timeshare industry, this is M1 Legal who are based in the Malaga area. They are a fairly new legal team but have had some notable success.
The case highlighted was a very complex case as it involved many different authorised reps acting on behalf of many different companies. This was a very tangled web indeed. The resort in question was La Pinta Beach Club in Tenerife.
It was heard at the Court of First Instance N5, Arona, Tenerife, the contract was declared null and void, due to the fact it was in breach if Timeshare Law 42/98. Yet another perpetuity contract, it also involve the taking of illegal payments within the cooling off period.
According to M1 Legal this is the largest victory they have achieved, the English clients have been awarded over 365,000€ a staggering amount. So Inside Timeshare congratulates the clients and the lawyers from M1 Legal on an outstanding victory.
There are some genuine law firms out there who are doing what they say, all Inside Timeshare can say is you must check, check and check again, do not be taken in by the some of the claims that you will hear. If you are unsure about who is contacting you or who the company you have found on the internet actually is or are truly genuine, then use our contact page and we will help you check.
DO YOUR HOMEWORK FIRST, YOU KNOW IT MAKES SENSE.