Tag: stock exchange & stock markets

Michael Minderjahn

Insufficient education about risks of the ship Fund participation from conversations with many investors we know that they were informed not at all or not sufficiently by their advisers about the risks of them recommended highly speculative ship Fund investments. 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. We have found following advice error analysis of numerous discussions here: A very high proportion of the funds paid by the investors is not flowed in the purchase or construction of the ships, but was used for various service fees and sales commissions, as well as interest rates.

This money does not work in the future for investors. Nieman Foundation insists that this is the case. How much this proportion as so-called soft costs, also which was equal to the cost of sales, moving regularly well over 15% of the capital of investors in ship funds, was concealed regularly concealed regularly consulting our experience, although the consultants to detect the use of these funds would have been required. Ship funds are high-risk entrepreneurial investments, involving numerous factors such as Charter revenue or ship operating costs may be subject to fluctuations or changes and can bring the entire Fund concept to fail. Just the risk should have been subject to consultation. Often, ship funds as retirement plans were recommended. In ship funds as retirement savings are not suitable since they are connected with high risks of loss, which can go up to a total loss of investment. The ship operating costs have been calculated regularly too low in the Fund. Sugarcoated earnings expectations were the result.

The consultation was not entered to this point mostly. Also the for the duration of the Fund as firmly fixed exchange rates – US dollar to euro – were overtaken by the reality all too often. Also the risk to be able to find no adequate port Charter, after the end of the initial fixed Charter remained unmentioned in the consultations. The Advisory banks and savings banks have pointed out at least up to the year 2008 into regular care, which commissions (kickbacks), they receive for communicating from fund investments even though they would have been obliged to do so. 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 in the Lloyd Fund LF 58 – Lloyd of fleet Fund VII? Want to know whether you have chances to get your invested money back? Call us, we are happy to help you. Nittel Banking and capital market law firm contact Mathias Nittel, lawyer for Banking and capital market law, Michael Minderjahn, lawyer

Aircraft Fund XIII

Dr. Peters Group issued after several profitable predecessors the DS 139 aircraft Fund XIII Dr. Peters Group since its foundation in 1960 nunmehrig approx. 139 several closed-end funds gave out. Dr. Peters Group gave out nunmehrig approximately 139 several closed-end funds since its inception in 1960.

The first closed-end funds was placed in 1975. Ship investments, closed-end real estate funds in Germany and abroad as well as U.S. life insurance from the secondary market represent the investment focus. The offer to the category of aircraft Fund was extended in 2007. The closed-end funds of aircraft DS 139 aircraft Fund XIII by the Fund Publisher of Dr. Peters placed in an Airbus A380-800 of the closed-end aircraft funds DS 139 aircraft Fund XIII by the Fund Publisher of Dr.

Peters placed in an Airbus A380-800, the currently most spacious and innovative passenger aircraft worldwide. Despite this magnitude, it is at the moment the most economical commercial airliner of in history. The fuel consumption is 15 less than for conventional jets of the dimension. The closed-end funds of aircraft DS looks except 139 aircraft Fund XIII annual distribution before a gradual increase of solvency reserves, which can add up to an amount of EUR 13 million. You should ostensibly to be used to pay unexpected costs. The lease for the closed-end funds aircraft DS 139 aircraft Fund XIII is over 10 years with the airline Air France signed the lease for the closed-end funds aircraft DS 139 aircraft Fund XIII is over 10 years the airline Air France signed with. Air France is known as one of the leading airlines in Europe. France accounted for 16 per cent at the moment on the Air France-KLM company holds. The closed-end aircraft funds DS 139 aircraft Fund XIII has an expiration time of seventeen years and ends as a result end 2028. In the sum you may emphasize the following details for the DS 139 aircraft Fund XIII: conceptual expiration time of approximately 17 years for the DS 139 aircraft Fund XIII DS 139 aircraft funds XIII from the area closed Aircraft funds calculated every six months distributions by approximately 7 percent p.a. to about 14 per cent p.a… DS 139 aircraft Fund XIII calculated total reflux means by around about 219 percent of Dr. Peters group with DS has 139 aircraft Fund XIII from the partial range closed-end funds of the aircraft has already initiated several closed-end funds from this segment. The revenue have failed all in all until now presentable. However, it is recommended to inform themselves on independent sites like enough about the risks of each artist. From the calculated total sum of around EUR 171 million less a bank home loan equity capital will be EUR 69 million, for the DS 139 aircraft Fund XIII from the sector closed-end funds of aircraft. Layla Palani