Leading Andalucian Building developer Noriega collpases & PRASA to follow suit

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16 Nov 2010 12:00 AM by MJ10 Star rating in London. 5 posts Send private message

 

According to various Spanish news outlets the house developer firm PRASA is filing for bankuptcy. It follows last week´s announcement of the Noriega filing for bankrupty.

My auntie has paid thousands in advance for an off plan property. Any idea how to claim it back??

Thanks


http://www.expatsinspain.org/news-in-spain/230-leading-andalusian-builder-noriega-seeks-court-protection-from-creditors



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16 Nov 2010 11:50 AM by MJ10 Star rating in London. 5 posts Send private message

another link to the news page

 


http://www.cincodias.com/articulo/empresas/Prasa-negocia-presion-evitar-mayor-concurso-andaluz/20101115cdscdiemp_1/



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16 Nov 2010 5:14 PM by joanmalaga Star rating in Costa del Sol. 419 posts Send private message

Found this in another forum, seems like a platform of some sort

http://www.foroconcursoacreedores.com/noriega

Joan





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16 Nov 2010 5:16 PM by Faro Star rating in London. 1139 posts Send private message

Your aunt should discuss with her appointed lawyer.

If she has not got one then I would suggest she finds one.

Also start digging out all paperwork and bank/insurance guarantee etc.





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17 Nov 2010 1:07 PM by MJ10 Star rating in London. 5 posts Send private message

Thanks for your replies!

Can anyone recommend me a reputable law firm? much appreciated!





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17 Nov 2010 2:32 PM by Comanche Star rating in Islas Canarias. 13 posts Send private message

Costa Luz Lawyers ad is on this page

C



_______________________
Chris.



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18 Nov 2010 2:58 PM by MJ10 Star rating in London. 5 posts Send private message

 

Thanks Comanche,

I had a look at their website, but they did not impress me!





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18 Nov 2010 8:29 PM by sunnymim Star rating. 34 posts Send private message

Costa Luz Lawyers (Maria),acted for me and most certainly impressed.Cannot recommend highly enough...........





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