12 Nov 2007 4:22 PM:
They are getting in serious problems currently and more than one will probably finish in jail. The most important problem now is not the the Spanish Legal System, which is slow, but the buyers who still believe that Grupo Mirador or Palmera are going to pay them without necessity to go to Court, it does mean that Palmera and Grupo Mirador gain time and the investers get tired to go to Court and try to recover their money.
It is correct that the Spainsh Court Process is slow but at the end it works, some buyers were advise for their lawyers to take legal action as soon as possible and they have won their cases, they are in the process to put "embargos" over the properies of Grupo Mirador and Palmera Properties, this lawyers has won to Palmera they will probably get the money of their clients very soon. If anyone believe that can get and agreement with Palmera or Grupo Mirador does not know this companies, they never do anything if they are not force to do so.
There are some lawyers that have beaten to Palmera Properties and Grupo Mirador months ago.
Thread:
Palmera Properties
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