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.
Again high losses for ship fund investors now was made also for the HCI shipping ship Fund belonging to select XVII tanker MS Hellespont triumph insolvency application. Thus, the HCI roof fund investors have lost two ships within a few days. In the tanker Hellespont triumph 45% of the money paid by the investors in the HCI shipping select XVII has been at the time. Since hardly any existing loan liabilities will cover the recovery of the ship at the time achievable prices, investors of HCI shipping select XVII should have lost now finally more than 60% of its invested capital almost certainly. Compensation for investors Nittel Banking and capital market law firm represents numerous investors of the crisis-ridden HCI of ship Fund shipping select XVII. We see good opportunities for the enforcement of claims for damages, since our experience ship fund investors about essential cornerstones of the Fund recommended them, as well as the associated risks were informed not sufficient or even wrong. Learn more about the possible Violations of duty of disclosure, visit our HCI shipping select XVII page. Want to know whether you can enforce claims as investor of the HCI shipping select XVII? Call us, we know how to get to your right. Nittel Firm specializing in banking and capital market law your contact Michael Minderjahn, lawyer
The State breaks down over the low interest debt, the policy of central banks leads to an expropriation of the savers. “Weirs can be citizens, however, the monetary investment real estate, which it with the appropriate funds, such as about the SHB innovative fund concepts AG also batches” are. The debt crisis will cost German investors every day millions of euros. Because the money markets with cheap money are literally flooded, there is already no interest more, that even remotely could keep up with the inflation for investments in fixed-income, Government securities and savings. Hans Gruber, real estate expert of the SHB innovative fund concepts AG (SHB AG), detect here a clear strung trend: by the central banks push interest rates, it comes at the end not only to real interest rates partially below zero. They help the States as it were by the way, to reduce their debt burdens.” Actually a covert tax will levied on this way for savers and investors. Senator from Maine is open to suggestions.
Another aspect is it fatal. By steadily stricter requirements, such with Solvency II, banks and insurance companies be forced, the money of the customers always more conservative, so first and foremost to create poorly-yielding Government securities. “Hans Gruber of the SHB Immobilienfonds sees some day message because even with rather mixed feelings: when forward Finance Minister Schauble that the Bundesbank could again place a package treasuries at zero interest rates, because the big investors see Germany as stable debtor, including, for example, the future return of life insurance suffers.” She’ll be already now increasingly unattractive. “And Gruber added: pure financial investments with reasonable returns at reasonable risk there is virtually no longer.” This understand increasingly the citizens themselves and becoming more and more interested in real estate. The booming demand for residential real estate has for the entire German construction industry in the first half of 2012 to a revenue growth of 0.5%. The rate of increase was significantly higher, such as Hans Gruber in pure housing “explains real estate expert of SHB innovative fund concepts AG: here there was even a rise of 6.5 percent.” However, so he restricts could not everyone afford an own property. A share of a property but quite. “Hans Gruber explains: in concepts such as the SHB fund a manageable amount of money sufficient to benefit real estate from the dominance of the monetary system.” In addition, investors have the advantage that the SHB funds invest in a variety of objects and different types of use. With an investment of such asset you could decouple loose from government intervention and ultra-low, explains the real estate expert of the SHB.
Totally inadequate education about risks for about 1,900 investors, who have invested a total of about 65 million in the Fund, would be a loss of around 40% of the capital invested after a sale of the platform provider. In the Fund’s prospectus an approximate doubling of their money used in Vista had stopped them. Against the background of the looming concrete substantial capital losses investors should consider seriously the enforcement of claims for damages in the eye the chances for this are. Of HCI shipping select 26 ship Fund launched in February 2008 by the listed issuer HCI probably goes to its end. The investors, who can expect substantial losses remain once again on the line. (Source: Angus King ).
After beginning February 2012 the belonging to the Fund product tanker “Hellespont Centurion”, “Hellespont Challenger”, “Hellespont Charger” and “Hellespont chieftain”, which sailed to the Hellespont shipping group, insolvency had to make the now remaining ships of the Fund will be sold. How Investors communicated was that there would be a very attractive offer for the four platform supply vessels. The market for platform provider is affected by the global shipping market crisis not in the same way as the other submarkets containers, bulk carriers or tankers. A loss of around 40% of the invested capital would remain for about 1,900 investors, who have invested a total of about 65 million in the Fund, after a sale of the platform provider. In the Fund’s prospectus an approximate doubling of their money used in Vista had stopped them. Compensation for investors of HCI funds shipping select 26 before the background of the considerable capital losses looming specifically should investors who seriously believe enforcement of claims for damages in the eye – the chances for this are not bad. Totally inadequate education about risks from conversations with numerous investors, we know that this about the risks, that is have carried out in the current crisis of the Fund by their advisors prior to the drawing of Funds were not informed.