Local Business Breaks Records in Timeshare Compensation Awards
Local business and Herald sponsor, European Consumer Claims (ECC) with their law partners, M1 Legal had their biggest ever week of Spanish court victories last week against companies who had mis-sold timeshares. The court wins saw 76 awards with a huge £2.8m of value.
European Consumer Claims are based at the Regus Henley Building in Newtown Road and employ over 150 staff in their offices worldwide.
The positive outcomes were against timeshare companies: Anfi, CLC Sucursal, Marriott, Regency Vacations and CLC Continental with the judge declaring the contracts null and void for lack of information regarding the accommodation, as per Spanish law 42/1998.
The largest single award was against a resort called Silverpoint and was for well over £100,000. M1 Legal are currently presenting a further 62 cases against Silverpoint.
Andrew Cooper, CEO of ECC said: “The first victory for these winning clients is the voiding of their contracts, meaning that they are freed from the liability of their expensive annual fees.
“Then the compensation awards of this type of scale and volume are a result of the diligence and expertise of our legal team and consultants. But I also believe the courts are becoming more and more sympathetic to the victims of rogue timeshare operations. The industry is being punished in the only way it understands: financially. It is a great time for anyone mis-sold a timeshare to explore their options regarding compensation.”