A Luxembourg judgment for consumers

by Johannes Fiala, lawyer Hundreds of thousands of investors in unprofitable investments have the chance to reclaim all  previous interest and principal payments. Many lending institutions have provided sales people with their  loan forms in recent years. These salesmen then sold the mortgage-backed loans (or fund shares) to the investors at home. A revocation instruction, […]

Credit-financed junk real estates: New judgement of the Federal High Court (BGH) ? a slap for the European Court of Justice (EuGH) and the capital investors ? *

*by Johannes Fiala, lawyer (Munich), MBA Financial Services (Univ.Wales), MM (Univ.), certified financial and investment advisor (A.F.A.), banker (www.fiala.de) Tax savings for every German citizen: For many decades, the state has promoted so-called “tax-saving models” – in reality, these were often only ways of shifting taxes into the future. Resourceful initiators then sold or brokered […]

Doorstep Selling Act: The ECJ Decision

by Johannes Fiala, lawyer Hundreds of thousands of investors in unprofitable investments have the chance to reclaim all interest and redemption payments to date. Many lending institutions have provided sales people with their loan forms in recent years. These salesmen then sold the mortgage-backed loans (or fund shares) to the investors at home. A revocation […]

Decided cases

The Haustürwiderrufsgesetz offers the possibility to the person concerned still after years to separate from unprofitable investments.   This frees up liquidity that can then be invested more sensibly. The applicability of the doorstep-selling revocation statute requires that the situation be a doorstep situation. This is understood to mean, -an unsolicited visit to a private […]