Golf Club

Old Apr 23rd 2014, 7:13 pm
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Default Re: Golf Club

Originally Posted by Jon-Bxl View Post
I used to be indecisive .... but now, I'm not so sure!
The 30th April..?
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Old Apr 23rd 2014, 7:20 pm
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Default Re: Golf Club

I used to be dyslexic , but I'm KO now
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Old Apr 24th 2014, 7:15 am
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Default Re: Golf Club

Originally Posted by AliceB View Post
TRA-2 SA is a "Property Development" company based in Seville.
There is also a company called TR2 who are an urban waste company.
LAMPS SA is a "Real Estate" company based in La Coruna; Martinsa-Fadesa were registered as the sole administrator on 1.6.2011.
From the web :-
"Vinculaciones (translates : 'link-up' / 'tie-up') de LAMPS, SA
MARTINSA-FADESA, SA
Relación: Administrador Único" (translate: Relationship - 'sole administrator'
This information is readily available on the web….

The (text from Chris) just says “owners”, no mention of “new” hence, it stands to reason - there is no “new owner” just the original owner - MARTINSA-FADESA.

The Spanish news does talk about Martinsa-Fadesa; having missed their payments to debtors (as stipulated by the bankruptcy court) at the end of last year - rather than being called in for breach of contract they went back to the court to change the payment plan which now allows them to “miss on two payments before they are in breach” of their ten year court appointed payment plan.
As if it wasn’t already common knowledge; it appears Martinsa-Fadesa have the Spanish court system entirely sewn up in their favour.
This news was written together with some details about “negotiations to offset assets against their debts”… so who knows, maybe beneath the rumours and Chinese whispers, there may be movement in a favourable direction.
But don’t expect anything to happen over night; as is the norm in Spain, it is bound to take a very long time to come to fruition, if it does.
But in the meantime, maybe people could stop speculating about fantasy hotels and so on… is it not possible to simply wait for some real news and maybe check out some actual facts before jumping on a roller coaster ride of conclusions.
Nice sensible post - but rumours and speculation are what these threads are all about and so much fun - if we stop that them they will have to close down BE
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Old Apr 24th 2014, 7:48 am
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Default Re: Golf Club

Originally Posted by MikeJ View Post
Nice sensible post - but rumours and speculation are what these threads are all about and so much fun - if we stop that them they will have to close down BE
I agree entirely with AliceB. Much ado about nothing!
Wait and see it is unlikely that cash strapped MF are in a position to do any thing positive
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Old Apr 24th 2014, 8:57 am
  #515  
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Default Re: Golf Club

Originally Posted by irlanda View Post
I agree entirely with AliceB. Much ado about nothing!
Wait and see it is unlikely that cash strapped MF are in a position to do any thing positive
Maybe, just maybe, sell the place! But we have to wait and see. Alice always knows her stuff but I also agree with Mike. I'm a bit housebound at the moment so nice to catch up and read all the gossip!

Its the helicopter landing pad they are building opposite the hotel that intrigues me.

Jon

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Last edited by Jon-Bxl; Apr 24th 2014 at 9:01 am.
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Old Apr 24th 2014, 7:35 pm
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Default Re: Golf Club

Originally Posted by Jon-Bxl View Post
Maybe, just maybe, sell the place! But we have to wait and see. Alice always knows her stuff but I also agree with Mike. I'm a bit housebound at the moment so nice to catch up and read all the gossip!

Its the helicopter landing pad they are building opposite the hotel that intrigues me.

Jon

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What?? Hate to tell you this, Jon but you've missed April 1st by a few weeks.
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Old May 5th 2014, 12:59 pm
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Default Re: Golf Club

Any updates on the course? Is it being watered, maintained, any signs of re-opening.... Thx
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Old May 5th 2014, 1:21 pm
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Default Re: Golf Club

Originally Posted by The Pope View Post
Any updates on the course? Is it being watered, maintained, any signs of re-opening.... Thx
Just scroll back a few messages and you will have what you need - i.e the latest news.....

Jon
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Old May 5th 2014, 1:32 pm
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Default Re: Golf Club

Originally Posted by The Pope View Post
Any updates on the course? Is it being watered, maintained, any signs of re-opening.... Thx
Hi, yes it is being watered and the greens and the fairways are being cut. No other news at the moment. Regards Bryony
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Old May 5th 2014, 4:16 pm
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Thumbs up Re: Golf Club

That sounds encouraging, we will keep
Must be very frustrating being there and seeing the course but not able to play it
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Old May 5th 2014, 5:15 pm
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Default Re: Golf Club

Originally Posted by Sandraphleb View Post
That sounds encouraging, we will keep fingers crossed being there and seeing the course but not able to play it
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Old May 6th 2014, 6:04 am
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Default Re: Golf Club

Originally Posted by MikeCol View Post
Hi, yes it is being watered and the greens and the fairways are being cut. No other news at the moment. Regards Bryony
Thanks
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Old May 24th 2014, 10:52 am
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Default Re: EUC

Has anyone heard about ADA tendering for becoming the EUC administrators? Bit worried knowing who are behind this company.
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Old May 24th 2014, 1:17 pm
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Smile Re: EUC

Originally Posted by THE UBIQUITOUS CHIP View Post
Has anyone heard about ADA tendering for becoming the EUC administrators? Bit worried knowing who are behind this company.
any source for that rumour? I am not aware that the contract has ever been tendered before. It was just awarded to a firm of solicitors in town and they gave oodles of cash to confiserve to buy equipment to carry out the works. Who owns that equipment I wonder and will it transfer with any new contract that may be awarded?

Is it going to be a proper sealed bids tender with qualified "Administrators" or just awarded to a friend of a friend?
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Old May 25th 2014, 7:25 am
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Default Re: EUC

Originally Posted by THE UBIQUITOUS CHIP View Post
Has anyone heard about ADA tendering for becoming the EUC administrators? Bit worried knowing who are behind this company.
Oh dear
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