Browse Tag

High Court

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.

Nordic Consulting: The Facts

Inside Timeshare has been receiving many enquiries about Nordic Consulting Canary Islands SL, CIF: B76781228, registered as a company on 17 October 2018 so it is only just been in operation for 1 year. The CEO and owner of the company is Ali Farhoud, who as we know is an ex-Silverpoint sales agent.

The nature of the enquires has been the claim made by the calling “consultant” is regarding making a legal claim to refund the purchase price through a court case against Silverpoint. In many of the enquiries, our readers have informed us the “consultant” who called is the very same person who sold the product in the first place.

During the call, the “consultant” has claimed that they, Nordic have had “victories” from the Supreme Court and the High Court. When having the copies of the court documents checked these have not been brought by Nordic. They belong to another law firm.

FACTS

  • Nordic Consulting has not won any cases in the High Court
  • Nordic Consulting has not had any judgements from the Supreme Court
  • Nordic Consulting has not paid out to any client

Also for a case to be brought before the Supreme Court also take a long time, in a recent Supreme Court ruling this was the timing:

  • First Court hearing 4 April 2015
  • High Court hearing 22 December 2016
  • Supreme Court filing 2017
  • Supreme Court ruling issued 4 October 2019

This should leave you the reader in no doubt that their claims are to be polite “exagerated”

Inside Timeshare has also been told by concerned readers the “consultant” has told them that they must first have their contract cancelled and then make a claim. The problem is that once the contract is cancelled then no claim can be made through the courts.

They also recently published a photograph of their “team” outside their new offices, these are located close to their original ones. Look carefully at the photograph, you may just see someone that sold you the product!

There are several people in the lineup who have no connection to Silverpoint and one of those is the lawyer Luis Sanchez Garcia Yanes, who is actually a very good lawyer. He has won several cases but these have been on behalf of clients for another law firm who he was previously working with.

This image has been reposted as we have been informed by our legal advisors that as this image is already published and also can be found on Google Images it is already in the public domain.

The question that you the reader should be asking yourself is should you trust a company owned and staffed by the very people who sold you the illegal product in the first place?

Inside Timeshare leaves you to make up your mind.

Start the Week

Welcome to the start of another week at Inside Timeshare, over the past few weeks we have been publishing many articles on Silverpoint, especially the move by the parent company Limora Investments Ltd (BVI) filing for liquidation. We have also published the news that The Paramount – Club Paradiso has closed their doors with many members unable to book, the website is down and no one seems to be answering the phones. We also reported on Keys Concierge having also gone into liquidation with all the staff losing their jobs, as we know the administrator dealing with the liquidation is Alex Lawson of Alvarez and Marsal working on behalf of the Trotta family.

So as you can imagine, Inside Timeshare has been inundated with emails enquiring about the legality of all the products sold by Silverpoint. The most prolific of these products and having by far the highest costs are the “Company Participation Scheme”, with purchases from 40,000€ all the way to 150,000€ plus. Just on the enquiries Inside Timeshare has received we are looking at purchases of well over one million euros, this certainly is a very big money making scheme, the question is where has it all Gone?

Courts of First Instance Maspalomas

Now for some news from the courts around Spain.

Last Friday the leading law firm in timeshare litigation Canarian Legal Alliance, announced their results for the week, with 26 victories in various courts around Spain.

At the Court of First Instance in Maspalomas Gran Canaria, there were 11 cases found against Anfi, with 2 cases at the High Court of Las Palmas being found in favour of the clients after Anfi appealed.

At the same Court of First Instance, a sentence was issued against Palm Oasis.

In the Court of First Instance of Arona, Tenerife, Silverpoint was on the receiving end of the judges, with 11 rulings against them in favour of the CLA clients.

The last was against Club la Costa in Fuengirola, where the judge again found in favour of the client.

As usual, all contracts were declared null and void with the courts ordering a total of 1,226,260.15€ A very expensive week for the timeshare industry indeed. But at the end of the day, had they sold their products in accordance with the law, then they would not be finding themselves in this position.

If you have purchased any timeshare product in Spain and would like to know if you have a valid and viable claim or would just like to know your legal position and your options, then use our contact page. We will get back to you and point you in the right direction.