Thursday, November 25, 2010

Short Skirt No Knickers Pic

investors have no right to compensation

BGH 11.23.2010, XI ZR 26/10

have investors no right to compensation for
apparent gains
("Phoenix")
has an investor against the compensation scheme of the securities trading company in the event of insolvency of their company is not entitled to payment of fictitious profits, which the company earlier in account statements or balances receipts had reported. For neither the wording of § 1 para 4 p. 1 EAEG nor the legislative history, or the Investor Compensation Directive 97/9/EC can see evidence that the right to compensation is to include sham profits.

The facts:
The plaintiff had in September 1999 with an investment amount of around 38 461 DM plus a 4% strength premiums in the amount of 1538 DM to the Phoenix Managed Account, one of the Phoenix Capital Services GmbH in its own name for the common benefit of total of approximately 30,000 investors managed collective investment involved. This put the client money in futures contracts (futures and options) for the joint account for speculative purposes.

since 1998, the latest Phoenix Capital Services GmbH, however, only a small portion of interest received by their clients' money in accordance with the contract in futures. Much of the money was used in the way of a "pyramid scheme" for payments to old-layers and for the ongoing business and operating costs. In this way, the plaintiff was subsequently payments over a total of around € 19,304. Were disclosed to him while monthly bank statements. The last extract on 28/02/2005 had a bank balance of around € 7,571 when in fact no profits had been earned.

In March 2005, said the Federal Agency for Financial Services der Phoenix Kapitaldienst GmbH den weiteren Geschäftsbetrieb und stellte den Entschädigungsfall fest. Im Juli wurde dann über das Vermögen der GmbH das Insolvenzverfahren eröffnet. Der Kläger forderte von der beklagten Entschädigungseinrichtung der Wertpapierhandelsunternehmen auf der Grundlage des letzten Kontoauszuges und nach Abzug des gesetzlichen Selbstbehalts von 10% eine Entschädigungsleistung von rund 6.814 €.

LG und KG wiesen die Klage ab. Auf die Revision des Klägers gab der BGH der Klage zu einem geringen Teil - und zwar in Höhe der Differenz zwischen der Nettoanlagesumme und den Auszahlungen sowie nach Abzug des Selbstbehalts von 10% - statt.

drafted by the Phoenix Capital Services GmbH, account statements and confirmations of balances already represents no abstract promise of debt or acknowledgment of debt, could be the basis of a claim. In addition, however, a claim for compensation had to be denied in terms of principle on the reported profits slip in the bank statements. For neither the wording of § 1 para 4 p. 1 of the Deposit Guarantee and Investor Compensation Act (EAEC) or its legislative history, or the Investor Compensation Directive 97/9/EC of the evidence did for 3.3.1997 , Found that the right to compensation is to include sham profits.

Aluminium Blades Studs For Rugby

Publikums-KG

BGH 06.07.2010, II ZR 210/09

Advisory
a public-KG
can be used as a special representative as defined in § § 46 GmbHG No. 8, 147 paragraph 2 sentence 1 AktG be ordered
Partners of a partnership may for the purpose of enforcement of claims against their representative organs being in appropriate application of § § 46 No. 8 Halbs. 2 GmbHG, 147 paragraph 2 sentence 1 AktG appoint a special representative. As such a special representative of the Advisory Board may be appointed a public limited partnership.

The facts:
The applicants, three limited partnerships require the defendant to their common partner, the refund of commission payments. Subject matter of the companies (public companies with a large number of investors) is the construction, acquisition and operations and the sale of ships. They were established with identical social contracts from July 1992 by the R-GmbH as the sole general partner. The Gründungskomplementärin was converted in October 2000 in the defendant.

In February 2005, the defendant in the name and on behalf of the applicants for 2005 each, a "Commission Agreement" with the company from O-GmbH. This should provide a variety of activities for the shipping company. As a fee for these activities, the O-GmbH month. an "address commission" amounting to 1.0 percent of gross freight promised and provided to the applicants into account. An identical agreement was concluded for the year 2006.

The applicants are now demanding - in each case represented by its Advisory Board - refund of money in 2005 and 2006 commissions. They believe that the defendant had breached its obligation to independently exercise the management. The representation power of the councils is clear from their particular, the supervisory board of a public company approximated function in the public-KG in conjunction with the relevant shareholder resolutions. The defendant denies, however, the Vertretungsbefugnis der Beiräte.

LG und OLG gaben der Klage vollumfänglich statt. Der BGH wies darauf hin, dass er beabsichtigt, die vom OLG zugelassene Revision der Beklagten durch Beschluss gem. § 552 a ZPO zurückzuweisen.

Die Beiräte der Klägerinnen sind jeweils wirksam von den Gesellschafterversammlungen mit der Prozessführung gegen die Beklagte beauftragt und bevollmächtigt worden. For this reason alone could the councils of the meaning of § 51 para 1 CCP process-disabled applicants represented in the process. On a legal representative authorizing analogous to § 112 AktG, it does not matter. Partner in a partnership may apply to the enforcement of claims against their representative organs being in appropriate application of § § 46 No. 8 Halbs. 2 GmbHG, 147 paragraph 2 sentence 1 AktG appoint a special representative. Here are all the conditions for effective appointment of the Advisory Councils as Special Counsel to the active case against the defendant.
The applicants were not represented by the general partners. The defendant ist als verklagte Komplementärin wegen des Verbots eines Insichprozesses von der organschaftlichen Prozessvertretung gegen sich selbst ausgeschlossen. Die Klägerinnen konnten auch nicht jeweils durch die zweite persönlich haftende Gesellschafterin vertreten werden. Allerdings führt das Ausscheiden eines von zwei Komplementären grundsätzlich dazu, dass der verbleibende Komplementär vertretungsberechtigt ist, und zwar selbst dann, wenn beide nach dem Gesellschaftsvertrag nur gesamtvertretungsberechtigt waren. Dies kann aber im Streitfall nicht gelten.
Es kann nicht erwartet werden, dass derjenige Ansprüche verfolgt, der selbst Gefahr läuft, dass in dem entsprechenden Verfahren etwaige eigene Versäumnisse oder Versäumnisse of the person liable cooperative or other business people are revealed. already justify a potential conflict of interest regarding the admissibility of his appointment, despite the presence of a second general partner, this is certainly taking into account the special circumstances of the case: From the submitted file drawers to find that managing the second partner is always the same, also to represent the legitimate interests- Managing general partner of the defendant. Thus the same conflict of interest is also in the view before the second general partner.

In Others are also other facilities for effective appointment of the advisory boards, where as a representative of the applicants.


Monday, November 22, 2010

How Much Board On Board Fence Costs

consumerism

"Every year ...", so begins a well-known Christmas carol. But today is probably less and less the Christ child, but rather the "consumption is" the stupid the average person who knows nothing in life other than the material world around them. Although he is far from feeling as happy, consumption seems to him the only one to be what gives it up to a degree of satisfaction. How pathetic must a person's life, for the having of great importance is? Right now in the holiday season you can see them again anywhere, the people who have nothing else in the head as hard for her convert-earned money into goods and services. Nearly 300 € to spend the average German or Austrian in the next month for Christmas, according to the forecast of the experts. 300 €, which could be used much more reasonable.
Human freedom is precisely that 'no' to say 'no' to around drinking, "No" to things and, ultimately, "no" to most people around him. How should someone be free, under the necessity of connection to things or people? Freedom is not the mobility of the non Need of anything but themselves? I think the is the case. Most do not recognize at all the chains that bind them and live in the illusion of free people to be - as if there is such a thing as a free man would be in this world? Well, I exaggerate a little, for they are already free men, but they are extremely rare and do not fuss around, yes they are from ordinary people as "strange" or even as "eccentric" views.
Happy are the people who celebrate Christmas at all and celebrate this day as every other year. The original meaning of this festival is already lost, and the Bible says nothing of a fir tree, the one drawing up in his apartment. Senseless, entire plantations of Christmas trees planted, only hinzuverdorren then for a week or two in a warm, dry room to himself. For this, the hypocrisy! The families come together to enjoy artificially sing corny songs and the belly of their travel, and often to a not entirely negligible quantity comes to hard liquor, without which, the admit to many of would be the festive season not to survive. There is never a family more stress than just the holidays and this would offer a great opportunity to see what's really wrong between people. Friends looking for one off, but with the family one is beaten for a lifetime, they must take as it is, even if none of its members liebt. Es ist eine Ironie des Schicksals, dass Menschen so verbogen werden diejenigen zu lieben, mit denen sie gemeinsame Vorfahren haben. Wohlwollen wird zur Pflicht, die wahren Gefühle eines Menschen spielen dabei keine Rolle. Mütter und Väter erziehen ihre Kinder so, dass diese sie und die anderen Verwandten lieben. Dass dies in Wahrheit oft gar nicht der Fall ist, wir durch eine künstliche Schicht an „Rollenspielen“ überdeckt, so dass nach außen hin alles harmonisch und schön aussieht. Der Schein zählt mehr als das Sein! So funktioniert jede Gesellschaft. Und gerade aus der seelischen Not heraus, die die Folge eines solchen falschen Verhaltens ist, speisen sich allerlei Abhängigkeiten. Der Mensch, der nicht he himself may have to develop attachments to things and people, otherwise it can not survive. The consumption, more pronounced in its form, is just one of the consequences of this, I think it may well call it, adult neurosis! wake up sleepy Christmas and New Year's simple and on the third or fourth re January::
A proposal for this year then is the nightmare is over and one is none other than well-rested for the new year!