Herrada del Tollo applies for liquidation at Mercantil ECourt

Expatica - Health
Post reply   Start new thread
New - Old :: Old - New

Pages: 1 |

Residencial Santa Ana del Monte forum threads
The Comments
28 Jul 2014 11:25 AM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

EOS Supporter
We would like to inform that, last Friday, Herrada del Tollo was forced to apply for the voluntary liquidation of the company at the Mercantile Court in Alicante, because they are not able to fulfill with the creditors’ agreement and release the first 10% payment of the debt to the creditors.
 
Please note that when the mercantile court accepts this request, all the properties purchase contracts signed with HDT that haven’t been cancelled yet, will get automatically cancelled. Furthermore, the Mercantile Court will declare the breach of the 35% release and 5 years payment schedule agreement, which won’t be valid any longer. 
 
These are positive news for those plaintiffs who have already started legal proceedings agains the Banks and voted in favour of the creditors agreement, because banks now won’t be able to challenge the claim using as argument that same release and payment shedule agreed with HDT should apply to generic bank guarantees, because that agreement won’t be legally enforceable any longer. But for those who got their contract cancelled and didn’t vote in favor of the agreement makes no difference at all.
 
Finally, this also proves than GM LEGAL EXPERTS was right when we advised purchasers that the only realistic way to get deposits back is to sue banks, under the provisiones of the generic bank guarantees. We are currently organizing new low cost class actions against the Banks to recover deposits plus legal interest, so please do not hesitate to contact us to get further information. You can email us to info@gmlegalexperts.com or through our contact on the website www.gmlegalexperts.com or blog.gmlegalexperts.com
 
Yours sincerely,
 
Guadalupe Sánchez
 
 



Like 0

Spam post or Abuse? Please let us know

Pages: 1 |
Post reply   Start new thread


Previous Threads

That's it! - 5 posts
Herrada del torro - 8 posts
August shut down ! - 5 posts
New Case won against SGR and BBVA in Herrada del Tollo - 8 posts
Taxi prices - 3 posts
Final hearing - 11 posts
Sucessful claim - 0 posts
Banks sentenced to pay 800,000 euros plus interests to several purchasers of Santa Ana del Monte who never got individual bank guarantees, as a result of a class action lawsuit - 8 posts
Almeria Court ruling: BBVA must respond for non-guaranteed buyers' deposits received by HdT through that entity - 1 posts
We have a positive judgement - 5 posts
Court Hearing Date Set - 4 posts
Final hearing - 27 posts
money back - 5 posts
Blog-pls explain - 47 posts
Any news ????? - 4 posts
VALENCIA MAGISTRATES' COURT RULES THAT THE RELEASE AND PAYMENT SCHEDULE AGREED ON CREDITORS' AGREEMENT DON'T AFFECT TO BANK GUARANTEE - 0 posts
Action against the BBVA Bank - 28 posts
thank you guadalupe - 2 posts
insolvency - 2 posts
RECOVERED DEPOSITS, INTEREST & COSTS - 2 posts
Any news! - 1 posts
Valencia Court rules that debt release agreed with Herrada del Tollo doesn't affect to bank guarantee - 7 posts
money back - 10 posts
SARC - 0 posts
PURCHASE PROPERTY THROUGH AMBASUN - 6 posts

1 posts were found:


1 |
Our Weekly Email Digest
Name:
Email:


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x