Financial

Petition Submission and Updates – March 2019

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The petition on Change.org to secure justice for beleaguered purchasers of French leaseback properties has been submitted to the French and Irish authorities. We are awaiting a meeting with the European Commission and hope to present it in the next month to Ms Marie-Paule Benassi, Acting head of Directorate E: Consumers at DG Justice and […]

Lease

DGCCRF Investigate Irish Complaints on French Leaseback

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The Irish CCPC met with their French counterparts, DGCCRF, in Paris before Easter and discussed the complaints that Irish consumers have made regarding the sale of certain French Leaseback properties. The CCPC held a meeting with Brian Hayes MEP on 25th April 2018 and discussed the issues. Brian has been a staunch supporter of owners […]

Press

Press Updates – 2018

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Updated 18th August 2018 French national daily, Le Figaro, published a piece on the DGCCRF investigation entitled  Des étrangers dénoncent «l’horreur» des résidences de tourisme françaises  (16th August 2018). In the piece, Jean-Bernard Litzler describes how owners feel that they are ‘prisoners of a Kafkaesque system’: Selon eux, la présentation qui leur a été faite du […]

Legal

Support Owners Against French Banks

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Many owners were forced into a mortgage default with their French bank when the ‘guaranteed’ rent they were promised (and promised contractually) failed to materialise. In France, such mortgage default is followed by an order for re-possession of the leaseback property. At this point, many owners are only to glad to have the property taken […]

Legal

DGCCRF Launches Nationwide Enquiry – finally..

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The French Direction générale de la concurrence, de la consommation et de la répression des fraudes (DGCCRF) have finalised evaluating all the data provided by its CPC counterparts and is launching a nation-wide inquiry on the acts covered in the complaints, which have also affected a large number of French consumers. We have been informed […]

Uncategorized

CCPC Update

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The CCPC (Competition and Consumer Protection Commission) in Ireland delivered the first batch of cases to the French DGCCRF (Directorate General for Competition, Consumption and Fraud Control) at the end of October and a second round of cases is due to begin delivery to them this month. The CCPC have said: “The DGCCRF has informed […]