Nordea Bank S.A. lawyers use the tactics that you would expect to find in what is called a Rambo lawyer. They will try to distract the Courts with various underhanded moves and confuse them, attempting to win at any cost even if it is at the expense of the credibility of their own client.
Let us explain further: Nordea Bank S.A. Luxembourg operates in Spain via its Marbella office, run by podgy Jesper Hertz. Some of the contracts that Nordea Bank S.A. signed with their very unfortunate clients were done so by the Luxembourg based Nordea, which is an S.A. (kind of plc), whereas others were by the company Nordea Bank S.A. Luxembourg, Zweigniederlassung Zürich, which their Swiss branch.
According to Nordea’s clever lawyers, the Swiss branch is a separate company altogether and is to be sued separately, as it has no connection with the Luxembourg parent company from where it has taken its name (we are sure of that, yeah, it was actually us who put them in touch with each other and that is why they now get on famously).
Well, some points to consider here when dealing with those Rambo lawyers’ antics:
– Nordea Bank S.A. Luxembourg, Zweigniederlassung Zürich is not authorized to operate in Spain, according to the Bank of Spain. So if it is not legally authorized, how come they offer banking products here?
– Nordea Bank S.A. Luxembourg, Zweigniederlassung Zürich uses Jesper Hertz to sign all of its contracts, as does its parent company. That surely must be a coincidence!
– Nordea Bank S.A. Luxembourg, Zweigniederlassung Zürich responds to clients’ letters through their Luxembourg office…strange?
– Nordea Bank S.A. Luxembourg, Zweigniederlassung Zürich responds to clients’ angry letters with letterheaded paper from their Luxembourg parent company…they must have run out of corporate stationery.
– Nordea Bank S.A. Luxembourg, Zweigniederlassung Zürich uses the same lawyers as the parent company, and also deals with clients through the Marbella branch, and also shares the website of the parent company in Luxembourg, and perhaps, after all, they are the one and only company…
But realistically, who is surprised by a banking conglomerate that invites people, with properties in Spain, through their prolific advertising offered from their Spanish branch office, to defraud the Spanish Tax Office?
The acts of the desperate !! Poor old Mr Hertz trying to balance all these balls and dropping most of them. I wonder who pays his salary and more important who pays him the commission for his dirty deeds!!
Once again well done ERVA, I am certain you will bring all this to the attention of the Spanish courts and put the confused judges right!
As we all know banks are under the cosh, especially in the UK, although their infamous tactics are becoming known in Spain. As banks go you cannot get any lower that Nordea, they are the pits and scourge of Europe. Is this the same Jesper Hertz who was instructed to sell the now infamous tax defrauding product called equity release, from the representative offices in Nueva Andalucía, (Marbella) However he was only told to use the Luxembourg branch of the Bank Nordea Bank SA and could only sell this scheme/product to people who’s property was worth over 1 million Euro. The mortgage loan would then be sent to their sister company Nordea Life & Pensions SA also based in Luxembourg, who in turn would give the money back to Nordea Bank SA Luxembourg to play around with in the markets at the risk of their client, although their client had no say or influence as to where this money was invested. Then Hertz gets upset so he tells his golf buddies at Miraflores he cannot play golf this week as he has been instructed to spend time away in Alicante, to con the people who’s properties are not worth 1 million Euro can only be sold using Zurich Life as the Life Assurance Company. Lets also consider that HERTZ should not be selling anything through Spain as the office is purely a representative office and somewhere, where they can display their products only. The truth of the matter is that it is Nordea Group of companies, all of which operate together and no doubt are responsible for the cross selling of all their products from company to company. This is how it works.
Perhaps what some of our members are not aware of is that one of the victims who have currently sued Nordea in the Mercantile Court, Malaga, happens to be one of our members in the Alicante region where Hertz use to go on his jolly’s, to entrap unsuspecting victims with properties the value of which were well under 1 million Euro. One such person who signed up to the equity release scheme, is a long time cancer sufferer, who unfortunately had a large part of his insides removed and now has to carry a colostomy bag. This poor man had his property foreclosed on him and Nordea went through with the auction of this. Now he has no where to live, his marriage also suffered as a result of Nordea’s action. The pre hearing in the Mercantile Court is to take place within the next 2 weeks. Nordea’s lawyers are aware of the foreclosure as they were the ones who drew up the court case. Nordea and their lawyers are well aware that they have problems when these cases come to court and will try everything in their power to confuse the courts. We have to agree with the last comments, Nordea and their lawyers are the low of the low. We do not understand what their problem is. If they are convinced they have done no wrong then go to court and get it sorted out.
According to the Nordea Web site, Nordea Bank SA, Switzerland is only a branch office of Nordea Bank SA Luxembourg, which has a Private Bank Division headed by non other that the liar and scourge of the banking system one Claus Jorgensen. In any event if that other liar Jesper Hertz is selling the equity release scheme in Spain on behalf of Nordea Bank SA then he and his bank should be sued in Spain. After all the Nordea Group is responsible for al their company and branches. Perhaps there is an agency agreement in place.
Of course Nordea are shirking their responsibilities, they have reason to do so. They know precisely what they have done and also know that they have miscalculated and have sold an equity release product in Spain that has not worked. They might argue that it is as a result of the market crash in 2008. However, even though the markets are back at the levels they were in 2008, they still can’t make it work and never will. It is a bad product in itself and can never work due to the fact that when there is a market downturn the return on the money invested cannot cover the interest rates required. Not only is this classic mis-selling, the scheme itself is a tax evasion scheme which has been declared fraudulent by the Spanish Tax Office. For once in their life can they not own up and say they have made a mistake. No they are still trying to foreclose on their victims properties as they have done in several cases. Of course what they are trying to do is to wear down their victims in the hope they will die, commit suicide or simply give up. This is the act and morals of a modern bank in the society they have created. No wonder they are in such a mess. Please stop paying these enormous bonuses to salespeople, agents and your own Directors and managers. This is the root of all the problems. We will not succumb to Nordea or any other bank. Our lawyer Antonio Flores has assured us that he will fight to the end to get justice for all his clients, irrespective of the cost to him and his firm.
Isn’t this just typical of Nordea and their lawyers. Just as they are about to come to the courts, they try to throw a spanner in the works by claiming the courts in Spain either do not have jurisdiction or that one of their subsidiaries/branch offices/representative offices should be sued and not the main company Nordea Bank Sa Luxembourg. I am surprised they have not asked the courts for this to be tried in Luxembourg, where they probably feel safer under the watchful eye of the Luxembourg Courts. These products were sold by Jesper Hertz an employee of Miraflores Golf Club, Whoops!! sorry Nordera Bank SA Luxembourg. Hedrtz was operating from his offices in Nueva Andalucía and Miraflores Golf Club when selling these products. To my mind the Spanish Courts have jurisdiction and Nordea Bank SA Luxembourg are culpable. I wonder what Nordea Bank and their lawyers are worried about. Surely they don’t expect to lose the case, although it makes one think, perhaps they do not have a case to answer.
Not only Miraflores golf club Sarah. You can put Aloha Golf Club, Los Naranjos Golf Club and some say La Reserva Golf Club on the same list. All these are places where that well known PREDATOR. Yes, you guessed right, the one and only JESPER HERTZ. These are the stages where he sets up and preys on his victims, ably assisted by his boss Claus Jorgensen. No, not Santa Claus Jorgensen. He is no “Father Christmas” trust me. By the way Claus Jorgensen is the Head of Private Banking at Nordea Bank SA Luxembourg, Switzerland, Spain and every other place where they sell the obnoxious product, equity release. As someone mentioned this bank is the “lowest of the low” and have a zero policy in place for any one of their clients/victims who will not succumb to their threats. Keep going Erva.