You are probably aware that Club La Costa (UK) Plc. is in administration and in all probability will soon be placed into liquidation.
In addition, its main operating company in Spain, i.e., Club La Costa (UK) Plc. Sucursal in España (branch) is in liquidation together with several other CLC independent companies.
It is likely that in the next few months the door may close with regard to relinquishment or claim. Most CLC timeshare sales were financed through British banks and if your contract is deemed to be null and void this opens the door to claim compensation against the lender or credit card company which assisted in the finance of the timeshare acquisition.
Our associate lawyers, M1 Legal, have managed to lift the corporate veil in respect of other CLC companies which own the apartments in the names of other companies not directly owned by Club La Costa.
M1 Legal is in constant liaison with the administrators of Club La Costa (UK) Plc. and with the liquidators in Spain.
The situation is complicated as many of the contracts were with offshore companies such as Isle of Man and the British Virgin Islands.
There are also cases for criminal proceedings against the directors which M1 Legal is pursuing and if you wish to be involved as a creditor in these proceedings and avoid paying future maintenance fees, it is important that you take action as soon as possible.
Please contact us for further information.
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