For this, a consultation with a lawyer is useful. Learn more on the subject from John Savignano. For an initial assessment of the investor should consider, when he arrived at the first possible time with its plant in touch relating to him. At the latest, the period of limitation starts to run by signing a subscription form or purchase order. These times were all before December 31, 2001, the absolute Statute of limitations of 10 years for the first time at the end of the year 2011 occurs. The background is that the Act was amended in 2002 and thus for previous contracts according to the transitional provision only at the end of 2011 can become time-barred. Hear other arguments on the topic with Bruce Schanzer. Believes lawyer Appelt, be aware that contracts that have been discussed or completed in 2002 are to check.
The 10-year statute of limitations is keyword tags and not barred as the other 3-year note at the end of the year. Thus, the beginning can just for claims, incurred in 2002, also enter a statute of limitations. Affected by this Statute and the entrance of the limitation period to the end of the year 2011 are a number of different forms of participation and companies, in particular claims arising from incorrect advice. This concerns especially holdings that were sold at the end of the year 2000 and 2001, and at the turn of the Millennium and wrong advice. Here are atypical silent partnership agreements, such as about, the leasing companies issued by Raj & Cie. as the LeaseTrend AG, ALAG AG, the ALBIS finance, sheaf Logimac or the Franconia (now Deltoton) as well as the RWB and the OFL AG (now four gates AG) to name a few. Also media and ship funds such as the KC media, Montranos, Apollo, VIP can be affected as well as real estate fund, about the recently closed DEGI. Also claims from so-called lever models (EuroPlan, lex concept pension, safety compact pension, profit plan noble, SpRenta, and others, in particular in connection with the English clerical medical (CMI)) Insurance and generali AG), which were distributed around the turn of the Millennium, can be affected according to lawyer Thorsten Krause thereof.
Cape lawyers recommend in any case, an initial consultation by a specialized lawyer. In an initial consultation, as the costs are represented in addition to the opportunities and risks of action against polluters of the wrong advice. In this context, the question of the limitation period is clarified as an essential aspect. Due to the limitation occurring, should be trading in the short term. Contact: Cape lawyers Krause Appelt Partnerschaft von rechtsanwalten Sonnenstrasse 19 D-80331 Munich phone: + 49 (0) 89 – 41 61 72 75-0 fax: + 49 (0) 89 – 41 61 72 75 – 9 E-mail: entered in the partnership register of the Amtsgericht of Munich, PR 1069 Cape lawyers have the representation of damaged investor specialized in. The lawyers of the firm have many years experience in the area of investor protection for Capital investments. They were involved in many ground-breaking decisions and bring this experience to the benefit of their clients. The partner, Attorney for banking and capital market law Anja Appelt and lawyer Thorsten Krause, have experience in investor protection, the credit-financed system (“pension model) all types of funds (including ship -, solar -, and real estate funds) to atypical silent companies. This required in-depth background research lawyers work Cape closely with specialists such as accountants, auditors and investigators.