You may already know that Club La Costa (UK) Plc is in administration and will most likely move into liquidation soon.
Separately, its main operating company in Spain, Club La Costa (UK) Plc Sucursal en España (branch), is in liquidation, along with several other independent CLC companies.
Over the coming months, the window for relinquishment or a claim may close. Many CLC timeshare purchases were financed through British banks. If your agreement is found to be invalid, you may be able to bring a Section 75 claim Club La Costa timeshare against the lender or credit card provider that funded the purchase.
Our associate solicitors, M1 Legal, have previously managed to lift the corporate veil in relation to other CLC companies, including cases where apartments are held by separate companies not directly owned by Club La Costa.
M1 Legal remains in regular contact with the administrators of Club La Costa (UK) Plc and the liquidators in Spain regarding the Club La Costa UK administration claim process.
The position can be complex, as many contracts were made with offshore companies, including entities in the Isle of Man and the British Virgin Islands.
There are also matters that may involve criminal proceedings against the directors, which M1 Legal is pursuing. If you want to be involved as a creditor in those proceedings and are seeking a Club La Costa maintenance fees stop claim, it is important to act promptly, given the Club La Costa claim deadline risk.
Please contact us for further information.
