Claims against Anfi continue to pile up
It may have been a slow news week for the timeshare industry, yet the ongoing downfall of Anfi del Mar has continued unabated. New claims against Anfi continue to flood…
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Is my timeshare resort close to bankruptcy?
Key signs of a timeshare resort close to bankruptcy Some of biggest timeshare resorts in Europe have been declared bankrupt over the last few years. Based on trends seen from…
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Anfi Resorts Declared Bankrupt
Anfi Resorts declared bankrupt on 23 September 2021 According to thecanarynews.com. The Commerce court in Gran Canaria has agreed to declare bankruptcy for timeshare companies Anfi Sales SL and Anfi Resorts.…
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Legal Judgements and Rulings
The Spanish Regulation Since the 1990’s the European Union has been concerned about complaints of abuse in ‘timeshare products’ and approved the European Directive 94/47/CE on 26 October 1994 to…
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In Perpetuity Clauses and Inheritance
Viking Legal Exits is often asked about how to relinquish an Ownership when there are ‘ In Perpetuity’ Clauses. On 15 January 2015 a ruling of the Spanish Supreme Court…
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Ruling from the Spanish Supreme Court regarding Cooling off period and the Provision of Information.
The Supreme Court Ruling has endorsed that all contracts should have had a 14 day cooling off period, for the purchase of products valid across the whole of Europe. This…
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The Spanish Supreme Court Timeshare
On 16 March 2015, a ruling of the Spanish Supreme Court entered into force, following the European Directive (implemented in Spain by Real Decreto – ley 8/2012). This Directive covered…
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First Timeshare Ruling from the Spanish Supreme Court Perpetuity
On 15 January 2015 a ruling of the Spanish Supreme Court came into force as a result of the aforementioned regulations. The Court ruled in favour of a Norwegian national…
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