Affected creditors of Hotel Los Monteros create a joint platform
Friday, 04 December 2009 13:20

The situation of hotel Los Monteros in Marbella (Málaga) doesn’t improve. On 19 November the Hotel entered into an insolvency procedure and this had his first impact with the creation of a platform for affected creditors that seeks to "unite the strengths of all creditors." This platform, which is lead by the law firm Lexland Marbella, is developing a strategy and a series of actions against the debtor companies, according to the responsible of the bankruptcy department, Cuesta Dimas. It’s very important for the stakeholders, whether employees or suppliers, to communicate their debts within one month after publishing the insolvency in the Official State Gazette (BOE).

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The insolvency procedures in the Valencia Community show an increase of 152%
Thursday, 26 November 2009 09:08

The Valencia Community recorded 697 insolvency proceedings until October, 152% more than the same period in 2008, according to the 'corporate Radar' performed by Axesor.
This volume is the second highest of Spain, after Catalonia, with 1037 cases and an increase of 137%. In Spain, the total reached 4225, (+129%).
The construction sector, with 1454 cases, and the manufacturing sector, with 958 cases, counted for almost 60% of the insolvency procedures registered in Spain.

Source Las provincias

 
Expats fear years-long wait over illegal homes in Almanzora Valley
Tuesday, 24 November 2009 08:50

Many British home owners are without water and electricity because of the irregular situation of their homes. El País has highlighted the case of British residents in the Almanzora Valley affected by the uncontrolled irregular development which has left hundreds without mains electricity or water. Many of us could be dead before the situation is resolved, stated Mike Philips, owner of one of the 5,000 illegal homes in the Almanzonra Valley.

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Eolic energy record in Spain
Wednesday, 25 November 2009 08:59

For the first time ever Spain's wind turbines produced more energy than the Spanish electricity grid. Thanks to strong winds throughout Spain, the wind farms produced a record-breaking amount of energy and around 53% of electricity produced in Spain had been generated by the turbines (the previous record, 44%, was registered some weeks ago). The produced wind energy is equivalent to the amount of power generated by 11 nuclear reactors and represents a triumph for the renewable energy sector.

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Malaga technology park to expand into Marbella
Monday, 23 November 2009 08:26

The PTA is to spread to land in Guadaiza listed as an ‘area of opportunity’ in the regional POT development plan.

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Los Monteros Platform

Los Monteros

The Hotel Los Monteros from Marbella, Spain filed for voluntary insolvency (concurso voluntario de acreedores). Anyone wishing to register as a creditor of the firm Los Monteros needs to contact the Commercial Court of Málaga within a period 30 days as from the publication in the Spanish Official State Gazette (BOE) of the application of insolvency. Read More

Aifos Platform

Aifos

The firm AIFOS from Spain filed for voluntary insolvency (concurso voluntario de acreedores). Anyone wishing to register as a creditor of the firm AIFOS needs to contact the Commercial Court of Málaga within a period 30 days as from the publication in the Spanish Official State Gazette (BOE) of the application of insolvency. Read More

Garasa Platform

Garasa

The firm GARASA from Spain filed for voluntary insolvency (concurso voluntario de acreedores). Anyone wishing to register as a creditor of the firm GARASA needs to contact the Commercial Court of Málaga within a period 30 days as from the publication in the Spanish Official State Gazette (BOE) of the application of insolvency. Read More

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