Originally Posted by Flying Lawyer

I am not certain what you want to express with this sentence. Your language is not clear at all. However, from a legal point of view it is simple:

• Making use of an overdraft according to the clear language is taking a loan in the sense of sec. 488 para 1, 1st sentence of the German Civil code (BGB).
• Taking a loan of 10.000 miles equals a cash value of Euro 245,00 according to http://www.miles-and-more.com/online...nodeid=1339783 and the borrower is certainly aware of the value of the loan he takes.
• The borrower is free to repay the loan by earning miles according to the terms of the loan contract.
• The overdraft gets cancelled asa. as the borrower loses status
• Loans have to be paid back, this is stipulated in sec. 488 para 1, 2nd sentence BGB.

So what? What do you believe an overdraft is? A free present? LH asks for only 1200 Euro for 50.000 miles, this is less than you could expect when taking your loan: http://www.miles-and-more.com/online...0303&solo=norm.

And to be really serious and not talking as a lawyer: If somebody is not able to get 50.000 miles from what promotion ever to pay back his mile-loan he has not paid any attention to FT - There were so many possibilities to get 50k miles for small money. This "somebody" took advantage of the overdraft and hoped that LH would never come back to him. As a LH shareholder I am glad they did.