Spanish Law.

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17 Feb 2008 12:00 AM by taxiparrots Star rating in Deepest Suffolk. 149 posts Send private message

Does anybody know if it is legal  under Spanish law for a parent company to sell off the assets of a shelf development company so that the money goes to the parent company causing buyers to lose their deposits because they cannot take the parent company to court.



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18 Feb 2008 10:09 AM by mariadecastro Star rating in Algeciras (Cadiz). 9402 posts Send private message

mariadecastro´s avatar
Of course it is not legal. You will have cancellation rights against the parent company in that case.

_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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