Reply To: Spanish Lawyers

#59742
Anonymous
Participant

Hello Drakan.

In a response to Katerina, you wrote:

You realize what I’ve written regarding the BGs ? they are there only If the developer goes broke. If he’s not broke they cannot be enforced in any way.

By this ,do you mean that a Bank Guarantee can only be enforced IF the developers are bankrupt? If they are not bankrupt then do you mean the BG is of no use, that we have to demand the money directly from the directors of the development company?……………or am I being very stupid. ???….Don’t answer that bit!! 😀

Claire.