LHVC Action Group
„We forge a case.“

WHAT IS LHVC?

Lifestyle Holidays Vacation Club (LHVC) is a so called “timeshare”.
Timesharing is based on joint ownership or joint use of a commonly owned or leased condominium apartment or apartment building. Typically, the consumer will purchase or lease the use of a condominium apartment for a specific period out of every year by paying an initial fee and an annual maintenance charge. Timeshares are often marketed as both an inflation proof mechanism for securing accommodations in a resort area and as an investment in real estate.

WHY WEYER RECHTSANWALTSGESELLSCHAFT MBH?

LHVC was developed by a group of Austrian Investors, offering timeshares in the Dominican Republic. The LHVC is based on an international network involving key actors from Germany, Austria, the Dominican Republic and British Virgin Islands. The case involves several Austrian and German nationals as well as Austrian investment funds. Our law firm has undertaken in depth research and has identified key stakeholders. We can provide essential evidence and materials to a case. Our company has extensive links to key stakeholders in Austria, Germany and the Dominican Republic.

WHAT WENT WRONG?

We believe that LHVC is potentially involved in a timeshare scam. We have indications that timeshares offered in the Dominican Republic could have been part of various misrepresentations. Due to data we retrieved from official sources in the Dominican Republic we also have reasons to believe that key statuary requirements of the Dominican have not been met. We are aware of substantial criminal charges against mayor stakeholders of LHVC in Austria. In addition, the funding-scheme backing LHVC is under investigation in Austria.

DOES MY SITUATION QUALIFY?

If you signed or obtained one of the following documents, we believe that your case may qualify:

  • LHVC Sale & Purchase Agreement (Lifestyle Holidays Vacation Club Inc.)
  • LHVC Share Purchase Agreement (Tisha Investments Overseas Ltd.)
  • LHVC Shareholder Benefit Contract (Lifestyle Holidays Vacation Club Inc.)
  • LHVC Membership Agreement (Lifestyle Holidays Vacation Club Inc.)
  • LHVC Definite Shareholder Certificate (International Escrow Agency Inc)
  • Chairman Circle Contract

WHAT DO I HAVE TO DO TO JOIN?

You provide us an authorization to compile and bundle your case and data. Out of that we forge a case. If you are interested, please request our Letter of Authorisation, fill it out, sign and return it to
classaction.lhvc@weyerlegal.com

I CANCELLED. CAN I STILL JOIN?

Yes. Please send us the agreements you signed. We check with our partners if you still qualify for a class action.

I SIGNED NON-DISPARAGEMENT AND CONFIDENTIALITY CLAUSES. CAN I STILL JOIN?

Yes. Please send us the clauses you signed. We check with our partners if you still qualify for a class action.

HOW MANY PARTIES ARE INVOLVED?

LHVC began in 2002 and today claims to have more than 40,000 LHVC Members, offering locations in the Dominican Republic and Mexico.

WHO COULD I CONTACT IN AUSTRIA?

The Austrian Finanzmarktaufsicht (Financial Market Authority – FMA) is interested in information, indications or reports by consumers, investors or creditors against market participants. They are an important source of information in relation to supervisory activities and for collective consumer protection. The website is
www.fma.gv.at.