Threatens the total loss for ship fund investors? On the M / S “Svenja” GmbH & co. KG, one of the Elbe underwriter (EEH), mutual fund company, have engaged more than 500 investors with nearly 14 million in 2008. The Fund ship, a formerly under the name MS “Beluga Graduation” and today under the name MS “BBC Thames” errant multi purpose carrier, has hit page. In EEH – power balance sheet 2010 for 2011 the speech was already greatly increased ship operating cost and Charter rates that were below prospectus level. Was suspended for the first quarter repayment for 2011 and it would achieve only “almost break-even” revenue, in other words so current losses. Total loss for investors? Since the crisis of the ship industry continues unabated and also on foreseeable future only extremely low Charter rates are expected, the prospects for a future compensatory ship operations are bad. The investors of the EEH ship Fund MS Svenja threaten more demands and, if one considers the situation of many others Ship funds, in the worst case the total loss of their deposits.
Investors are now faced with the question, to accept the imminent loss, or their money to fight the chances are. However, it is to be observed that the limitation of damages may threaten limitation. Fast action is therefore recommended. More information about the limitation of claims by investors in closed-end funds: Office/news /… Good opportunities for the enforcement of claims for damages why we come to this fundamentally optimistic assessment? For clients who are involved in the ship Fund MS Svenja EEH, we have so far examined the deliberations, as well as the prospectus of the Fund and found starting points for claims for damages in our opinion..
Comments are closed.