Spanish Law.
                        
                        
                        
                            
                            
                        
                        
                        
                        
                        
	
		
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                                                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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                                                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 
 
                                            
                                            
                                            
                                                
                                                    
                                                         
                                                        
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