Latest news playa vista morocco

Compass Properties is a U. Hi I too have been involved with Compass and we need to go to a solicitor together with others I have spoken to Snyder and he is owed money also.

You need to make sure you register your property with the government through a solicitor so that when they go to sell them on they have to pay us first. If you contact me I will give you the name of the solicitor I am about to use.

Hi Doreen Thanks for the update. Would you mind sending me the details..? Best wishes Damian. We invested 10 yrs ago , we need good solicitor to get our deposit back! Doreen would you be kind to send me details also of the solicitor you are to use , perhaps if this law firm gets in touch with all the investors they can make the difference.

Sorry to see so many trusting people have fallen for yet another property scam and have made payments for unfinished properties. So, all those who invested should somehow seek redress and repayment of funds rather than make final payments IMO.

I have also been caught up in this debacle and would welcome the name of a trusted solicitor to take the matter further. There has been press re paradise golf and beach resort. The developer has been in prison since Feb There also appears to be a group supporting the developer … There are a number of investors who have a core team.

Hi everyone who has been effected by this scam. I previously mentioned I too was duped into this Moroccan investment , but I have found some light at the end of the tunnel.

Fax Email Scott. If you require to contact me my mob is or email me on dmistry aol. By proceeding to access the information, users are deemed to have represented and warranted that the applicable laws and regulations of their relevant jurisdiction allow them to do so. No information contained on this website constitutes or would be deemed to constitute an invitation in any jurisdiction to invest or otherwise deal in the shares of the Company.

None of the information contained in this website constitutes an offer to sell, or a solicitation of an offer to buy or subscribe for, any shares or other securities to the public. None of the information contained in this website constitutes an offer to sell, or a solicitation of an offer to buy or subscribe for, any shares or other securities in the United States or in any other jurisdiction, nor shall it, or the fact of its distribution, form the basis of, or be relied upon, in connection with or act as an inducement to enter into any contract or commitment therefor.

Playa Vista Equities in an investment holding company that invests in private and publicly-traded companies. Consequently most of the bank guarantees issued for the developed were drawn on Spanish banks, which adds an extra level of complexity to the whole issue.

For those with investments in AP5 I have received reliable information that the licences of first occupation will most likely be issued in September or October of this year so any case being taken would have to be lodged before this time.

Apparently the building looks very much like it is completed, but there are obviously items outstanding that will take a further few months to complete. In fact any action would probably need to be lodged in the next month or two May or June as nothing is likely to happen during the summer months of July and August, so it needs to be well under way before this time. Other than this the developer can claim that the property was completed before any complaint was made and, after that, the chances of success would be minimal.

In fact, at this stage the company would refuse to take on the cases on that basis. If you would like to be included in any proposed action to recover deposits from Alcudia Smir please drop me a line on info diarmaidcondon. Since the above post was written things have moved along significantly. This group is, unfortunately, closed to further entrants at this stage.

We have, however, over the period of time over which we have been following up this case, made some very good contacts in Spain and Morocco. We are now able to offer services to a range of people who are currently experiencing problems in recovering deposits from Morocco. What were they offering you at that stage Mary? Thank you for your help with this matter, this is my first time investing in property overseas so i am totally out of my league.

I will submit my displeasure about the delay to the lawyers who are supposed to be working on my behalf. Manzares, thank you for letting me know that I need to do this. Any other information would be greatly appreciated. Joe Anglim.