Montranus Media Fund I And II

Another OLG investors said to have repayment of equity to the higher regional court of Stuttgart now also the higher regional court of Munich (judgment of January 24, 2012) has an investor a Montranus Media Fund and to the reversal of the media fund contribution guilty which Helaba Dublin. In the Centre of the judgment which was once again at the Montranus Fund I + II for the concluded loan agreements or bearer bonds related cancellation policy, which does not meet the statutory requirements. Loan contracts with the HELABA Dublin can still withdraw are LEASING for private investors on Montranus Media Fund I for investors from the Hanover + II this has resulted in that they can still revoke the financing agreements concluded with Helaba Dublin to fund of funds (loan agreement or promissory notes). On the basis of this revocation of Montranus investors can fund from the Bank the repayment of equity capital employed less preserved Charge distributions. Some courts have the Montranus investors Additionally awarded lost profits. In return, they must transmit their participation in the Montranus Fund to Helaba Dublin.

We claim this for many investors the Montranus Media Fund I and II. Compensation claims against savings banks because of secret kickbacks in the years 2003 to 2005 have in particular savings banks advised their customers to subscribe for investments to the Montranus Media Fund in that the savings banks have received commissions called refunds or kickbacks for providing the Fund investments, their customers were not informed. The Kickback case-law of the Bundesgerichtshof, uninformed investors can enforce claims against the savings bank Advisory it. Want to know how you can reduce the damage incurred in connection with their Montranus Media Fund participation en and get back their invested capital?

Investment Costs

Sharply declining revenue, increasing ship operating costs the global crisis on the shipping markets has captured well the MPC reefer fleet Fund 1. The investors who have received no dividends for several years, were informed in mid-June that the revenue of the reefer vessels are not sufficient to operate the vessel operating costs and the due loan rates. Therefore, the Fund management of the banks, including HSH was approached north bank due to a suspension of redemption for the years 2012 and 2013. The banks had apparently asked the renovation of the Fund. For the investors, who have received only 14% instead of the forecast 40% payout, was to be expected with a capital increase by 20%. Sharply declining revenue, increasing ship operating costs cause of the economic malaise is the continuing decline in the revenue of reefers. Currently only about 0.38 US dollar would achieved instead of the income calculated in the prospectus of 0.78 US per cubic foot and month. Added continue over scheduled higher vessel operating costs. Risks which have been concealed the most known to us investors of the Fund in the advice. Borrowing in yen another problem is that the Fund has recorded a part of long-term loans of ship in Japanese yen. Its value is compared to the US$ increased since the inception of the Fund by more than 25%, what does an increase in the loan level (calculated in U.S. dollars), as well as the regular load for interest and principal payments to the result. Consequence, borrowing in yen, for the lower interest rates to pay were “to make marketable inalienable ships” served industry insiders. Consulting and prospectus errors: Good for the enforcement of claims for damages for investors of the Fund opportunities good chances – economically – reverse their participation due to standard error of consulting as well as existing prospectus errors. We already represent many investors of the MPC reefer fleet Fund 1 and assert claims for damages.

Jose Antonio Marina

In this way is It would limit the absolute power of individuals or families in the sicav and foster a true collective investment, raison d ‘ etre of these societies. For its part, the Group of inspectors is not supporter of changing his regime, for now. In a financial storm, Spain needs involving the sicav, we cannot afford to go that capital, Francisco de la Torre, spokesman for the professional organization of finance inspectors of the view. After the restoration of heritage tax, there are several voices that have now pointed towards these societies of reduced taxation. One of the first was the candidate Alfredo Perez Rubalcaba, who announced his intention to tighten them a little more.

Wouldn’t be the first twist: in September 2010 the Executive changed the law so that the reduction of capital happen to be regarded as income from capital and tributara as such. Any new measure aimed at increasing taxation of the sicav should be agreed among all the countries of the OECD, in the opinion of the experts, since if not, all the capital in the long run would eventually flee. The capitals, however, are extraordinarily volatile, as reflect the inspectors; Thus, many have already parked the formula of the sicav and have for years betting on other formulas with more legal certainty. The latest fashion: the Luxembourg SIF. They are collective investment institutions of that small country.

They are taxed with a still more reduced rate of 0.01 per cent and are more flexible than its Spanish counterpart: allow to invest in any sector, whether or not quoted on stock exchange. Headquarters 99% of the sicav registered in the market National Securities Commission (CNMV) have their headquarters in Madrid, Barcelona and Boadilla del Monte (Madrid), near the centers of financial power. Bilbao was historically other cities where most of these societies was concentrated: there were more than 200 five years ago, according to the Treasury data. Currently, and after the change in taxation in the Basque country, is barely maintained a sicav in Bilbao. In the spotlight currently 3,100 sicav in Spain, according to the CNMV; of them, at least 2,709 are in the crosshairs of the technicians from the Treasury for less than 150 shareholders and be suspicious that actually constitute a private society that will evade taxes, using figureheads to meet legal quotas. The latest inspections in 2005 at least thus confirmed. The greater sicav in Spain, Morinvest, Koplowitz million belongs to Alicia Koplowitz and manages a heritage approximately 473 million euros, according to the data published in the CNMV. Despite the fact that in their brochure they count up to 105 different shareholders, it warns that there is one that owns 99,98% of shares (document izda.). Minotaur, Medea, Apollo glancing at the list of names of the sicav Spanish can check the taste of the rich by Greek mythology: Pandora, Minotaur, Medea, Electra, Apollo, Aquiles A these unite also names that they drink of popular culture, such as Waldo-Phaldo, Quadrophenia, Jedi, and Isildur, for example. Others, such as Powerpipo, Pipiola, Bizcochero, lazy and jam the latter of the philosopher Jose Antonio Marina squander imagination. Source of the news: Treasury technicians warn of an abuse of the sicav by the great fortunes

First German-language University In Slovakia

This new College is the only College in the Slovakia, newly founded lately. Already three weeks ago, the Cabinet decided to allow in Slovakia the first German-language University in the country. The “vysoka kola Goethe University Bratislava” – the “Goethe University Bratislava” – corporate management, media and cultural studies and tourism offers from October 2012 to about 100 students of Bachelor’s and master’s degrees in international. Research in these areas should have a special significance, as the representative of this new University at a press conference at the residence of the German Ambassador in the Slovak capital of Bratislava on the 20.07.2012. Also you want in these areas are targeted to go, so these college representatives on German companies in the Slovakia. The new College welcomes students from all countries of Central and Eastern Europe and also from Germany, Austria and of Switzerland.

The College is financed by private sponsors and from tuition fees. This new College is the only College in the Slovakia, newly founded lately. The Slovak social democratic education Minister Dusan Caplovic had when he took office in April 2012, that no new College in the of Slovakia should be established. He made an exception for the “Goethe University Bratislava”. The Bachelor degree course is 1.100,-euros per semester (183,-EUR per month) and is only twice as expensive as it previously, the tuition fees at most German universities. However the number of German Federal States, which charge tuition fees, is expected shrink to the coming winter semester 2012/2013 to two, namely Bavaria and Lower Saxony, Germany.

However, the income and thus price level and the general economic situation in Slovakia this study costs likely to compensate more than. Slovaks earn on average less than half as much as Deutsche – 786,-EUR per month-, economic growth is despite European financial crisis 2-3 per cent, the Slovakia is Member of the European Union and the means of payment is the euro. On the input of the “Goethe University Bratislava” website it says: “the Goethe College itself as the first German-speaking institution of its kind in the Slovakia as link to the neighbouring countries of Central and Eastern Europe. Their offer is addressed not only German speaking Slovaks and students from Germany and Austria, but offers the opportunity to study in an international environment in Bratislava to all German-speaking young people from the region. Through her also historically extremely diverse cultural, economic and political connections Bratislava belongs to the neighbouring countries to the emerging cities in Central and Eastern Europe.” For students from Germany, Austria and the Switzerland in the mentioned areas, who want to see something outside the box of alien realms beyond this study offer may be may be very attractive.

FSF International

On the other hand, have been decided measures against tax havens by their negative effect on public finances and contribute to the development of speculative capital. With these two measures will be achieved to control the growth and development of financial assets, in a way such that it does not reach an unrestrained expansion that puts in risk the international financial system, which has such happened in the present crisis. On the other hand, as the forum for financial stability (FSF for its acronym in English), has not fulfilled the expectations, established the creation of a financial stability Board (FSB by its acronym in English), successor to the FSF which, among other things, will act as an early warning mechanism to prevent future crises. It also will support the IMF warning of macroeconomic and financial risks, and advising on the necessary measures to overcome them. As you can be seen, the FSB is born promising in terms of strengthening international financial stability. It is true that this new framework supervisor and regulator looks stronger and generally more consistent for the future financial sector. Anyway, will have to see it up and see how will fight with the pressures.

There are doubts that the economy and markets have globalised. That is why that as the current crisis must be resolved with measures at the global level. Similarly, not enough with the regulation national financial systems to control risks. We find the solution to the international financial crisis in this way? You can be avoided with new systems of regulation and supervision, the generation of new financial crises of similar magnitude or greater than the current?

Contact Stefan Gobel

Yet the concrete gold to participate, many investors assume have tempted is, that foreign direct investment is reversible at any time through a sale. It is often overlooked that a private investor for a sale before the end of the statutory period of ten years must pay tax on the profit with the full personal tax rate. Also consume substantial transaction costs both at the time of purchase and sale on the return. This is particularly true if the property is held only in the short term. A short-term commitment of real estate is not to be recommended. Another factor is the fear of the savers.

Many investors are now willing to invest to make their savings crisis-proof, not taking into account return aspects in real estate. This often basic criteria such as the location of the object completely out of eight are allowed. Due to the general insecurity, as well as the selective media perception, many investors close therefore their eyes often profitable closed Real estate investments. Little attention is also the diversification of risk in this approach. By purchasing a single real estate investor, sets to put it figuratively, all eggs in one basket.

Closed real estate funds, on the other hand, the use of capital can be handled flexibly. Minimum drawing buzz allow even a partial participation in real estate usually 10,000 euros, so that an investor can diversify his savings across multiple asset classes across further. A closed-end real estate funds can also participate in several and different properties at the same time and thus reduce the risk. Also eliminates the sometimes necessary inclusion of very long-term personal loans to finance real estate. A closed-end real estate fund allows the pooling of many investors, so attractive and steeped in return on real estate can be purchased, which are typically out of reach for individual investors. In addition, when compared to a direct investment, professional fund management facilitates the falling Substantial administrative overhead. Of course, even an investment in closed-end real estate funds like any corporate involvement is not entirely free of risks. So, investors should always thoroughly scrutinize the essential statements, data, and projections of the Fund and on plausibility check. Should be the results in accordance with the established investment criteria for acquiring real estate, closed-end real estate funds can provide quite better financial results than a direct investment”, the AAD Fund discount, Marco Otter leg, runs the Managing Director. About the AAD Fund discount GmbH and the AAD Fund discount blog AAD Fund discount GmbH is an independent fund placement firm based in the university town of Marburg. It offers investors the opportunity to acquire more than 9,000 mutual funds and virtually all closed-end funds at discount rates without subscription fee. In the AAD Fund discount blog blog.aad fondsdiscount.de are current as well as basic questions to the Topics of closed-end funds and investment funds picked up and illuminated in economic and legal terms.

Austrias Energy Source

RENEXPO Austria presents international power exhibition for the first time in its own exhibition hall within the framework of the 3. International Energy fair RENEXPO Austria organized the REECO Austria GmbH from the 24th-26th November 2011 the “international hydropower trade exhibition with Congress” in the exhibition centre of Salzburg. “” The RENEXPO Austria has teamed up with the proven combination of International Congress and hydropower “designed for the hydropower industry to one of the most important pan-European platforms”, underlines a highly specialised trade fair focus on Diana Rohm, Manager of REECO GmbH of Austria and project manager of the RENEXPO Austria. Held annually at the site of Salzburg “international hydropower Fachausstel lung” is the largest hydroelectric power exhibition in Austria, of Switzerland and Germany. The use of hydroelectric power has a long tradition in Austria. Both large and small hydro-power is established on a large scale in the market. 70 per cent of the worthy of expansion are so far about Austria wide Hydropower potential is tapped. The potential yet to be encountered are mainly in the area of small hydropower and the revitalization of the system.

The technological innovation of hydroelectric power stations has their focus in the area of improving innovations in remote monitoring systems or for systems of control and control engineering. In the field of hydraulic and electric machines, also extensive new developments take place. The international water exhibition”the RENEXPO Austria has developed into the most important meeting place for the hydropower industry. The focus of the trade fair has grown further in 2011 and receives an own exhibition hall in Salzburg for the first time. “” With 45 exhibitors is the international hydropower – exhibition “the largest hydropower-show in German-speaking Europe”, stressed Diana Rohm. Experts from Austria and Europe meet here regularly once per year. The trade fair location Salzburg is not only very very well, but has also a strong bridging role in the adjacent Neighbouring countries, above all Germany with Bavaria and Italy with South Tyrol.

Revolution

It is often said that the Roma people was the great diffuser of the tarot in Europe, after its invention in Egypt, thirty centuries before the birth of Christ. However, it is likely even that tarot is, since its birth, Gypsy tarot. Indeed, believed that the primitive Gypsy tribes were kept captive as slaves in Egypt for about four centuries. And that many of its members are dedicated to esotericism, incorporating elements of Egyptian religion and deepening them. No wonder then that the Gypsy tarot arising out of a desire to see beyond the apparent in this world. A desire that was already present the Egyptians and their beliefs about the beyond this life.

But that basis, Gypsies have joined him his profound knowledge of the cycles of nature, fruit of the observation of a village in permanent movement. And their particular way of living and experience the magic as something everyday. The life wisdom and experience have done the rest. As for the letters, the Gypsy tarot has not created own mallet. Its deck is today based on 78 sheets of the Tarot of Marseilles, enormous popularity and dissemination from the 18th century to be the first to print serially.

But the Gypsy tarot harness is alive, and his figures have been adapting and changing with the passage of the centuries. During the Industrial Revolution, many gypsies without adequate preparation tried survive taking advantage of his village clairvoyant fame. But today, the Gypsy tarot has returned to its time of splendor, and is only practiced by those who demonstrate having the necessary skills. And they are willing to soak up the wisdom of this tradition so noble and ancient treasure. Much older even than you think. Gypsy Tarot cards possess a great versatility, which makes them ideal not only for traditional readings, as the typical run of twenty-two major arcana, but also to join other traditions of equal wealth, as the Celtic tarot. It is so today Chuck flower Celtic using letters of the Gypsy tarot, due to details provided about the past, it is extremely popular the present, future and the positive and negative influences today’s consultant.