Our associates at M1 Legal have shared an update on the legal grounds for bringing timeshare claims against Intercorp Hotel Group companies, including Ses Fontanellas Plaza Limited (an offshore Isle of Man company) and Seloynab SL.
Ses Fontanellas Plaza Limited uses the same administration as Seloynab SL for managing client contracts and collecting maintenance fees. This link may make it possible to pursue a Ses Fontanellas timeshare claim in the Spanish courts against the Isle of Man company.
In January 2015, the Spanish Supreme Court ruled that contracts signed after 5 January 1999 cannot be in perpetuity or for longer than 50 years. Contracts must also meet specific legal requirements and include clear details of the apartment/unit/weeks owned, together with dates of use—meaning many “points” or “floating weeks” arrangements may not comply.
Lawyers at M1 Legal have reviewed the case documents relating to Ses Fontanellas Plaza Limited and the wider group. They identified contract issues that do not comply with Spanish legislation. Following this review, M1 Legal confirmed they have a positive strategy in place for enforcement.
This creates new opportunities for Ses Fontanellas and other Intercorp Hotel Group owners to claim compensation through the Spanish courts.
M1 Legal have submitted 1,472 cases valued at £33.7 million to the Spanish courts for illegal timeshare contracts and have won over 550 awards valued at £9.2 million for clients they have represented.
Please contact us for further information.