Hi All,
i have reposted my update that willsb requested from me.
As for the remarks from JA .
I have met several clients of clients of the solicitor representing the group set up by Anna Mickelwright, over the weekend, who said that they are unhappy with not being given information,not being told about the meetings and the fees. I met other solicitors clients and all are angry with their legal fees and what they are getting for their money.There is a backlash coming but it is due to purchasers realising the reality of their situation & becoming very annoyed with their solicitors.
I must point out:
The agreement was agreed by the judge before hdT were allowed to present it to us. The licences etc were checked & are OK( even my Spanish solicitor/barrister told me this)
If there was or even is anything that could be clasified as criminal that would be dealt with seperatly under criminal not mechantile law. Any action could be taken concurently and criminal action would not be dependent upon the outcome of the HdT vote.
If SADM goes ahead ALL purchasers, including new ones will all be treated equally with regard to BG's. This has been a point that has been stated by HdT and asked for by SARC.
If HdT is liquidated there is very little chance of us getting any signifcant amount of money back, if anything. even my Spanish solicitor/barrister told me this)
All the best
Tony
Brief report of meeting below
Hi Wilsb,
Sorry for the delaying in replying to you but I was rather tired after driving about the country & then going straight back to work.
The Birmingham meeting was very hot and there about 24 purchasers attended the meeting. HdT got harranged about the lack of BG's , that they didnot ringfence the money , the gentleman doing so was very assertve. However, another attendee stated that liquidating HdT was not an option as it would result in losing our money and he said that HdT had given a very convincing presentation but he was worried about Ambersun.
It turned out that there were a lot of Ambersun purchases there and they were not happy with Ambersun & wanted assurances that HdT would have better, more informative and helpful agents in the futures. It was asked if they were still dealing with them & they said no & that they had not been in communication with Ambersun for 2 years.
I spoke briefly from where I was sitting at the back & explained what SARC had done in checking up on licences, water & asking HdT where is the money? Also stating that purchasers are saving themselves not HdT and as we are purchasers are doing the saving, that we will continue to be involved in meetings with HdT to ensure complaince with the agreement & for purchasers to have a say in the development.
Shortly afterwards, due to the heat people got up had a drink , chatted amongst themselves and began to sign up , except for the gentleman who had earlier told HdT of about the BG's & said that he has commenced legal action against his UK solicitor
The meeting ended positively and I chatted to quite a few people & I heard lots of complaints about solicitors, their charges & lack of communications/advices. I got the impression that purchasers are now becoming more annoyed with the legal professions behaviour throughout the adminstration process etc rather than HdT. In fact a couple of people said that they thought that hdT has balls to come and meet with them, expain things & take the flack.
That is the gist of what happened & i hope that it is of some help
I WANT A POSTIVE OUTCOME FOR ALL
Tony R17 18
This message was last edited by TonyMal on 26/05/2010.
This message was last edited by TonyMal on 26/05/2010.
This message was last edited by TonyMal on 26/05/2010.