Silverpoint, Timeshare taking another round of Pounding
March 6th, 2017
The unlawfulness of Silverpoint contracts are now entering The Spanish Supreme Court and like the Anfi Judgements Silverpoint (Lately Resort Properties) is taking a pounding. The Highest Court in Spain has issued up to five judgements against the Silverpoint concept of timesharing sold by its marketing company Silverpoint Vacations SL. Silverpoint is a company, operates […]
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I want Compensation for “Spanish timeshare”
March 6th, 2017
TESS aided by JLCA & AS Lawyers and J Correa-Lawyer issues many Spanish Timeshare claims in Spain. In particular, TESS seeks compensation for timeshare consumers in the event consumers have been mis-sold unlawful timeshare contracts. In doing so, TESS obtains Litigation Funding for its clients, assesses the claims and prepares the many submissions to its […]
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Timeshare in Florida and other U.S States
March 3rd, 2017
It has to be stated that in the United States of America (U.S), there are two kinds of courts and laws, (State and Federal law). Each have their own courts, laws, officers and Judges, further, each has their own State and Federal Systems as well. The following is a discussion of the key differences between […]
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Australian Timeshare fraudster jailed
March 3rd, 2017
On the East coast of Australia, a Gold Coast crook who turned to fraud has been jailed. As his finances collapsed and after being pursued by the police for his unlawful dealing. He will now spend the next six months in jail. Like many countries, Australia is developing a timeshare industry and is confronted by […]
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Blue Green Timeshare Resorts
July 1st, 2016
In an announcement yesterday, a couple from the state of California have alleged the timeshare they acquired was “falsely advertised” and no believing that proposition have filed a class-action suit to get their money back. Mr and Mrs Miles filed the complaint on behalf of themselves and others on the 28th of June and in […]
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Diamond Resorts has up’d stumps and sold out
June 29th, 2016
Diamond Resorts International [DRI] has sold off all its shares to up to Apollo Global Management, LLC Diamond Resorts today announced its shock sale and that it has entered into an Agreement and Plan of Merger with the “Apollo Funds, which is managed by affiliates of Apollo Global Management, LLC. Apollo will acquire Diamond Resorts […]
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Timeshare Regulation Australia
June 27th, 2016
Introduction The introduction of a new management structure and uniform compliance requirements for managed investment schemes was designed to reduce the institution risk, enhancing the consumer protection requirements. This orchestrated regime was installed to improve the competitiveness of the Australian financial services industry. In respect to timeshare operators, it intends to assert a regulatory framework […]
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Anfi Sales and Timeshare resort “Crushed and Sentenced
June 24th, 2016
Roj: STS 2300/2016 – ECLI:ES:TS:2016:2300 Cendoj ID: 28079110012016100334 Body: Supreme Court. Civil Chamber. Seat: Madrid Section 1 Appeal No.: 810/2014 Decision No. 340/2016 Procedure: CIVIL Judge Rapporteur: ANTONIO SALAS CARCELLER Decision Type: Judgement JUDGEMENT In the City of Madrid, on the 24th of May 2016 This chamber has seen the extraordinary appeals for procedural […]
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Silverpoint lose Court Case
June 24th, 2016
COURT OF FIRST INSTANCE No. 5 Procedure: Ordinary procedure Avda. Chayofita s/n. Los Cristianos Procedure No.: 0000360/2015 Arona General ID No. (NIG): 3800642120150002963 Phone No.: 922 74 73 31/32 Subject: Claim for Payment Fax: 922 74 73 30 Decision: Ruling 000149/2016 Case No. (IUP): OR2015021701 Intervention: Intervening Party: Attorney: Public Prosecutor: Plaintiff [redacted] Maria […]
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History of Litigation, Consumer have brought against-RCI
June 22nd, 2016
Resort Condominiums International [RCI]was firstly the defendant in a Class Action Legal Suit in the USA. Coincidentally another claim was issued the same day whereby many consumers alleged improper rentals and fraud. The two separate class action were co-incidentally filed on March 14, 2006, in New Jersey. They both levelled the allegation that RCI fraudulently […]
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