Federal Supreme Court
Totally inadequate education about risks from conversations with many investors we know that these were not informed about the risks, which are carried out in the current crisis of the Fund, by their advisors prior to the drawing of the Fund. Closed-end funds are, as the Federal Supreme Court has put it (AZ. III ZR 249/09), can the entrepreneurial investments the risk that as such, that the invested capital at least for a part lost. The risks of involvement must form therefore an essential part of the consultation. Wrong advice justified claims for damages of the investors the consultants involved in the distribution of the ship fund investors that we previously talked about the risks of this highly speculative ship funds not or not sufficiently informed. We noticed the following defects analysis of the deliberations: proportion of soft costs concealed high distribution costs – concealed no education about the risks of Fluctuations of Charter rates from the expiry of fixed Charter times possible – concealed involvement strong influence of Charter rates on the ship value – not suitable concealed ship funds as retirement – however, as pension no information about recommended Commission interests of the Advisory banks and savings banks (kickbacks) because certain errors in the advice keep coming up, we see promising opportunities for the enforcement of claims for damages for the violation of obligations under the respective contracts of advice. Have you drawn a participation of the EEH ship Fund MS Svenja? Want to know whether you have chances to get your invested money back? Call us, we are happy to help you.