Cyprus Property Forum for Buyers, Sellers & Investors

Hi Guys,
Anyone care to provide any updates on current state of play with London Court cases between MAX/Aves & Alpha bank.

I dropped into Alpha Bank / Paphos last week & was told that Swiss Franc Compensation awards has been stopped, but they would consider each new case on its merit!

I think it is disgraceful - I really hope EU comes down on the Cyprus banks & forces them to compensate the victims of this mis-selling scandal!

Anyone think or know if the Time barring constraint will be extended for another year?

Thanks in anticipation of any replies.

Brookster

Hi Brookster

If you want to know the state of play with Maxwell Alves I suggest you contact them directly.

Regards,

Hi Nigel,
I have emailed Max Alves -just had an acknowledgement of my email.
I would have thought folk on this Forum would be glad to share any information - surely we are all in the same boat trying to seek justice & compensation for Swiss Franc mis-selling by the Cyprus Banks.

Hi Brookster

Perhaps they've signed non-disclosure agreements. We don't want to give the other side any information that may jeopardise their case.

Rgds,