Having emailed the website link and login to someone who seems to have very good connections with the Spanish legal system, they have sent me an email this morning stating that the whole HDT offer may well be nothing more than a scam by Almudena, and they are sending the details (i.e a full spanish print of the webiste) to the administrators to make them aware of it!!
As they understand Spanish bankruptcy law, any proposals have to be made by the company to the Administrators, not direct to us as creditors, and have to be agreed by the Judge and then distributed to the legal representatives who in turn distribute the proposals to the Creditors.
They do not believe that any proposal is legal if made direct to the creditor by the company.
It looks like HDT & Almudena really do have their backs against the wall, and will try anything to survive.
Another interesting observation is that the Spanish version of the proposal is over 20 pages long, but not availiable in English!
I think a big massive resounding NO vote coming on