We are pleased to inform you of last week’s Spanish court victories. M1 Legal secured 8 results with a total amount awarded £221,116.
CLC Paradise - The Court of Appeal has confirmed our victory in the first instance. In this case, the magistrates have taken into consideration the price of the last contract to include what had been paid in previous contracts. The client also won court costs. £23,636 awarded.
CLC Sucursal - In the First Instance, the Judge estimated the award to be around £43,085 however, the Court of Appeal recognizes that it is £66,036 which was another blow for CLC at this appeal. Adrian our lawyer is going to personally congratulate the client after making the journey to Malaga from the UK to testify. The client also won courts costs. £66,036 awarded.
CLC Continental - The Court of Appeal has confirmed our victory in the first instance confirming the nullity of the contract. The client also won court costs. £15,012 awarded
CLC Paradise Trading - A small part of CLC's appeal was upheld but only regarding the assessment of a further year's reduction. Apart from that, the judgement remains untouched from the 1st Instance. £12,221 awarded.
CLC Continental - Another blow to CLC Continental, the 1st Instance sentence is confirmed in its entirety following an extensive analysis of all the issues; jurisdiction, ancillary contracts (loan) applicable law etc. The client also won court costs. £26,050 awarded.
There was one further appeal ruled in our favour valued at £12,741
4 Jurisdiction Victories valued at £68,827
M1 legal secured four jurisdiction victories last week, all against Club la Costa. The defence challenged the cases being heard in Spanish jurisdiction. All cases will now proceed to the next step.
During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”