noteworthy SUCCESS

Since 2014 Patrick has been Secretary of the Foundation "Stichting Renteswapschadeclaim" (www.renteswapschadeclaim.nl). This foundation was created to pursue relief of damages for those who were damaged by the devastating, relentless and treacherous abuse of the Dutch Banking World of their clientele through their sales of Interest Rate Swaps.

It was the non-stop effort of this Foundation, especially of its chairman Pieter Lijesen, that ultimately resulted in getting the Dutch Banks and Government to "bend the knee" and come up with a Settlement Scheme for Private persons as well as Entrepeneurs who were defrauded by the sale of Interest Rate Swaps. This Scheme is called "the Recovery Framework", see: www.derivatencommissie.nl.

As the Secretary and a Lawyer for the Foundation Patrick was instrumental in achieving victory in this absurd uphill battle.  

The success is Noteworthy while so far the Dutch Banks have paid out EURO 2 Billion in compensation to their damaged clients. The total amount that will be paid out in damages is estimated to be around EURO 4 Billion. The banks are of course dragging their feet with the pay outs.

Inspite of all that was achieved has the Foundation not received the proper credit for having been the main fighter against this ridiculous injustice and the one who actually was the genius to make the wrongdoers pay their dues.

But insiders know.

People and entrepeneurs who have benefitted from this should especially thank Pieter Lijesen for this.