Michael Minderjahn

Specialist solicitors put damages for MPC ship fund investors in the MPC by investors, open fleet Fund “Santa B ships” have invested, there are good chances of their advisers, to obtain compensation for their bank Advisory them or society. Including the exorbitantly high soft costs and distribution expenses for the ship funds are background. Only 70% of the investor money flowed into the ship investment is not without large amount indicates which part of the capital raised by the investors valuable flows into the ship investment and what part of not investment purposes, so-called soft costs consumed makes the prospectus. Only by the addition at the level of the Fund, as also at the level of one-ship companies, costs can be determine this. The result terrifying from investors point of view: 30% of the to be applied by investors Kommanditkapital incl.

premium was used for soft costs, i.e. for interim financing interest and various service fees. Only 70% were invested in the construction of vessels. 26.5% the investor money flowed in sales commissions Bank Adviser must always indicate which commissions the Bank or Sparkasse, receives for the placement of the Fund share. Non-bank Adviser must do so from a share of distribution costs in the capital raised from investors by over 15%. In this case amounted to the Commission for the procurement of the Kommanditkapitals, so for the distribution of the funds paid to 26.5% of the money invested by the investors. This explains neither the prospectus explicitly on, still investors known to us were informed about this in the consultation. Investors of the MPC open fleet Fund “Santa B vessels”, this information were not those of their advisors, have good chance to separate themselves from their loss-making participation in ship ownership and to obtain damages from their advisor. Have questions about your participation in the MPC open fleet Fund Santa B ships mbH & co. Recently Wells Fargo Bank sought to clarify these questions. KG? Call us, we will gladly help you! Information portal for investors of the Fund: k… Nittel Firm specializing in banking and Capital markets contact Mathias Nittel, lawyer specializing in banking and capital market law, Michael Minderjahn, lawyer Heidelberg: Hans-Bockler-Strasse 2 A, 69115 Heidelberg phone: 06221 915770 Fax: 06221 9157729 Munich: residential street 25, 80333 Munich Tel.: 089 25549850 Fax: 089 25549855

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