Browse Tag

Canarian Legal Alliance

Start the Week

Welcome to the start of another week, we begin this week with the article published in the Norwegian Business Magazine, Kapital This paper has already in the past focused on many cases regarding timeshare and especially Anfi. Back in 2016, this very same paper published the story of Mrs Grimsbo and her case against Anfi, which was conducted by Canarian Legal Alliance. Now Kapital has picked up on the news about Anfi being investigated for fraud.

As we already know the news that the State Prosecutor in Gran Canaria has instigated a criminal investigation around the movement of funds was published only recently in El Diario, El Dia and also Inside Timeshare. It was also the subject of a news item in Spanish National Television new TVE1.

Inside Timeshare will not go into detail today but the links below will give you the full story in excellent detail.

Kapital article in English

Kapital article in Norwegian

We stick with Anfi for our next snippet, at the end of October Anfi had another bad Tuesday in the courts. At the High Court in Las Palmas another timeshare owner is now Anfi free, the court declared their contract null and void also awarding them 161,598€ plus all their legal fees.

The case was brought on behalf of the client by Canarian Legal Alliance.

CLA also issued their end of October review of the performance of their legal department.

  • There were 60 New Trials and Hearings.
  • 40 sentences from the Courts of First Instance and the High Courts.
  • In all CLA recovered around 1,600,000€ on behalf of their clients.
  • There were 35 new claims delivered to the Spanish Courts.
  • They also worked on 96 appeals cases for cases they originally won in July and September.
  • On the executions and enforcements of sentences, the instituted 26 provision enforcement orders.

It certainly looks as though the CLA lawyers and staff have been very busy.

Over the weekend Inside Timeshare has received many more enquiries regarding claims companies and law firms making contact with owners. Unfortunately, most of them have appeared on our pages with many warnings, such as Solutions SL, CUC Abogados, SG Abogados, Litigation Service SL and Platinum Service and Administration SL.

All have a very similar story, the courts have appointed them to help you the consumer to retrieve money being held by the courts after dealing with various other companies and timeshare. We have said this before, these are all scams to get hold of your hard-earned cash.

If you are contacted by any company and want to know if they are genuine, then use our contact page and we will help find out. It costs nothing to ask and better safe than sorry.

Viking Real Estate and Nordic Consulting

Over the past few months Inside Timeshare has been highlighting Viking Real Estate and Nordic Consulting, with many readers informing us of their contact with these two companies. As we already know Viking Real Estate is run by Mike Farhoud and Nordic Consulting by his brother Ali Farhoud. Both companies claim to be able to get owners out of their Silverpoint contracts and claim back the purchase price.

The latest information to be supplied by one of our Scandinavian readers who has been contacted by Viking Real Estate to make a claim against Silverpoint. As part of the contract there is an indemnity to cover the legal fees of 5,000€ should the client not receive the payment at the end of the claim.

The strange fact is the amount being charged for legal fees, 5,000€ upfront with a further 5,000€ payable at the end of the case. Mr Farhoud has also issued the following “indemnity” or promise that if the client does not receive their payment at the end of the case, (Translating done with Google see the PDF for the original Swedish).

I, Mike Farhoud (Nie: X5130722C) personally guarantee that Viking Real Estates & Consultant does everything in its power to claim back € 5,000 of the invested money for XXXX

XXXX (Passport number: ____________) bill. Viking Real Estate & Consultant takes full responsibility for the whole process.

In case Viking Real Estates & Consultant does not receive a single penny from the amount we

If, in other words, you want to get 0kr back from the process, then I, Mike Farhoud, personally responsible to repay the fee in the corresponding proportion.

This guarantee is testified by both parties

This is signed by Mike Farhoud.

Not bad, you don’t get a single penny he will personally repay the fee, there is a slight catch here, what if you receive 1€? That gets him out of repaying the full amount of legal fees and there is nothing you can do about it, as the indemnity states if you get ZERO back!

It must also be pointed out that the entry for Viking Real Estate shows the object of the company is registered in the field of Restaurants and Food Stalls.

We will let you the readers decide on that one.

It has also been noticed that Viking has spent a rather large amount of money on advertising, all the trolleys at the airport in Las Palmas de Gran Canaria carry large boards advertising his company. Now we know that sort of advertising doesn’t come cheap, again we leave it to you the reader to decide whose money is being used.

Nordic Consulting, run and owned by Ali Farhoud, is no stranger to these pages, we have already highlighted their use of court sentences and especially Supreme Court ones claiming them as their own. We know for a fact the Supreme Court ones do not belong to them but another law firm. This has been verified through the case numbers and also from the names of the lawyers on the document.

They have also gone a little further, when looking at their Privacy Policy and viewing the page source it is clear that they have been “cutting & pasting” from other peoples websites. If you look at the images below you will see that it has been taken from the Canarian Legal Alliance website. Further down the contact section has also been taken from the Canarian Legal Alliance website.

Surely if this company was above board as they claim they are, why are they using another firm’s documents and also links to their website?

At the end of the day, these companies are run by the very same people who for years worked for Silverpoint and sold you the very products you purchased from them. They claim they didn’t know that what they were selling was illegal and now want more of your money with a promise of getting out of the contract and being reimbursed your purchase price.

Again we leave you the reader to decide if either of these “Companies” are to be trusted with what they say and promise?

European Timeshare Law Institute Report

The European Timeshare Law Institute is an organisation that has a specific mission, to increase trust among consumers in the field of timeshare litigation. Recently they highlighted three of the top timeshare compensation specialist in Europe, they then published their findings on their website.

https://www.tetli-institute.com/three-top-timeshare-compensation-specialists-europe

The institute recognises that many consumers are walking through a veritable minefield of scammers, fake law firms and some unscrupulous law firms selling bogus legal services. Many of these we have highlighted on Inside Timeshare. The institute’s aim is to verify the claims made by many law firms and to highlight the ones they have verified as doing the best job on behalf of consumers.

The first law firm which the institute has highlighted in their report is none other than Canarian Legal Alliance, no strangers to these pages. According to their report, CLA is the top law firm in the number of cases it has ongoing and is also top for the amount of cash returned to consumers. It is believed that they have secured over £7.8 million with a further 2.4 million in bank guarantees, plus they have embargoes on 11 Silverpoint properties.

In second place, they have named M1 Legal, a law firm based on the Costa del Sol, Spain. According to the Institute’s report, M1 Legal have been making great efforts in delivering cases in the Spanish Courts. They are also involved in many cases against banks who have worked with timeshare companies to provide finance agreements to help push the sale through. Inside Timeshare knows that M1 Legal is involved with the ongoing case of Barclay Partner Finance and the granting by the FCA of “Validation Orders” to legalise agreements brokered by a non-authorised agent in Malta.

In Third place, the Institute recognises TESS Law as one of the most successful companies based in the UK. According to the information the Institute has published, TESS Law are representing around 1,000 consumers in Section 75 claims in the UK, securing over £3.9 million in payments of which £2.8 million has been paid to date. They are also involved with a further £8 million worth of claims in Spain and are in the process of negotiating on behalf of 190 consumers in respect of the mis-selling of Monster Credits.

Number of cases

Top: – Canarian Legal Alliance (Spain) £95 million in pipelined claims

Second: – M1 Legal (Spain) over  £20 million in the pipeline and many more millions with UK law firm Messrs. Pinder Reaux.

Third: – Tess Law (UK) £12-14 million in the pipeline

Cash returned to consumers this is an estimate and based on facts share with us: –

As a group (not declared) all 3 companies collectively £11 million

CLA has a further 2,4 million in bank Guarantees and 11 apartment Embargos silverpoint.  TESS LAW also has 1.8 million in embargos.

This report from The European Timeshare Law Institute does give further information, please see the link at the top of this article for the full report.

Are you looking to find a genuine company to see if you have a claim or wanting information on relinquishment, if so then please use our contact page and Inside Timeshare will get back to you?