Caja Sur

Now that Caja Sur has went into administration, I wonder what effect that will have on the Arenal Duquesa development ?

We're still owed €30K including legal fees after the insurance company paid out the bulk of our 30% deposit.

Arenal, Preinsur and Caja Sur paid not one single euro of this.

Hi Wflem007,

When did you here that they had gone into administration and how , as this is quite worrying if this is true the only thing we can hope for is that they are quickly taken over.

Regards 

Robbie / Barbara,

Fase One,  

http://news.bbc.co.uk/1/hi/business/10145716.stm

This link may help

Hi Robbie & Barbara

Further link :

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7757398/European-bank-jitters-as-Spain-steps-in-to-save-Cajasur.html

Hi Wflem007,

Thank you for the information on the bank ,

will have wait and see what happens now they have been taken over.

Cheers

Robbie / Barbara.