More good news for HDT buyers: there is another generic guarantee signed with Banco Pastor

More good news today for HDT buyers.

I have just found out that Banco Pastor also signed a generic  guarantee with Herrada del Tollo, so Banco Pastor is also liable. I still don’t know which the conditions & terms of the generic guarantee are, but I am sure that they will be similar to the one signed with San Jose Inversiones (no mention to the resort or properties covered by the guarantee, and with a "limit" amount).

This means that the low cost class action could be brought against both, SGR & Banco Pastor. Previously, a Preliminary Enquire could be filed to request through the Court the original, or the authoirzed copies, of the generic guarantee.

Regards,

Guadalupe Sánchez. Lawyer

GM LEGAL EXPERTS

This message was last edited by Guadalupe. Lawyer on 06/04/2011.