We can help you

 




Noriega

Platform for people affected by the Insolvency of Noriega

Spanish Courts have accepted the voluntary insolvency proceeding of the property developing firm NORIEGA Edificacion y Obra Civil, of the Sánchez-Ramade group. All creditors and those who have a contractual relationship with NORIEGA are advised to seek legal advice.

 

The NORIEGA Platform is designed to provide professional legal advice for those affected by the collapse of the Noriega. It is dedicated to provide information, guide, unify and coordinate all the claims against NORIEGA, so that every creditor can gain professional legal representation at a lower cost.

 

For creditors and off-plan purchasers, the NORIEGA Platform in collaboration with Lexland Abogados, specialized firm in insolvency proceedings, offers representation in the insolvency proceedings in order to claim the enforcement of the contracts or the recognition and payment of the claims which needs to be communicated to the Spanish courts within a legal timescale, otherwise they could not be recognized or classified as subordinate.

 

For off-plan purchasers with a delay in the completion of the build works and who have a bank guarantee or insurance policy, the platform, in collaboration with Lexland Abogados, specialized firm in insolvency proceedings, offers a litigation process that can help you to obtain a refund for the amounts paid in advance plus interest interests incurred in the same way that has already been established in other developments.

 

Platform for people affected by Noriega

For any legal advice, you can contact us without any cost on the Noriega Platform of Lexland Lawyers at the following number +34 952 77 88 99. Or register on ExpatsinSpain.org. The best Spanish insolvency advisers will contact you personally.



Noriega, one of the biggest home-builders in Andalusia, has gone into voluntary administration with debts of 1.1 billion Euros, reminding us how tough things still are in the Spanish property market.

Under Spanish law, companies that are unable to cope with their debts can request court protection from their creditors, and then continue trading whilst renegotiating their debts, albeit under the watchful eyes of court-appointed administrators.

Read more...
 
<< Start < Prev 1 2 Next > End >>

Page 1 of 2