All sound?

Even if you have valid bank guarantees (banks are actually paying them) as if you don't, you can get your money back.

The reasons for withdrawing contracts are more than enough, and ask to get your money back, plus 6% yearly interest since you gave money.

If after requiring Huma, they don't pay (they won't, surely), you can go to Courts and they'll be obblied to pay moneys received, plaus 6% yearly interests plus legal expenses.

Even if after winning, they appeal, the resolution can be executed provisionally, so the appeal has no dilatory effect.

If you have a bank guarantee and the bank doesn't pay, you can sue them also.

Appart from that, there's some guarantees not covering all what you paid and/or interests. In that case, you can sue Huma for the rest.

We think best thing is to take legal actions, and we are doing this on behalf of our clients.

We'd like to be in touch also with all those suing Huma to share information.

I have been in correspondence with Huma for many months now. I have had part money back in March this year which was covered by a bank guarantee but they still owe me some 29,000 euros which has no bank guarantee. I have spoken to a soliciter who has told me that Huma have no funds in there bank to pay anyone back and the banks will not extend there credit until the development restarts. I origionally bought in May 2004 and dont know where to go from here. I have not officially had legal representation or served any documents on Huma to date, what do you suggest. Can I sue them for the whole amount + 6% per year or only for the outstanding money.

Regards

Graham

The question is if they have no money in the bank is there any point in suing them?  Also if the banks are going to give them new credit lines will that happen when developement starts at OCC?

Nigela

I have the same thoughts. I have also today e-mailed my MEP to see what they suggest. Cant think a politician will be able to get up off there arse to help though. But you never know & have to persue every avenue.

Graham

Graham

Some people have had a response for their MEP. We contacted our MEP both by letter and email. He didn't even bother to reply in person. We got a letter from a 'desk assistant' who said it is a legal matter and they can't comment.

My feeling is that what do we pay these people for ?  Clearly life is wonderful on the Euro gravy train and they need not bother with us as UK/ European  citizens.

Quite right all we got from our MEP was a condescending 'good luck' message..................wasters!

rgds
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