Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.

Current status: https://keepboardsalive.com/

Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.

https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.

Taken in charge without a developer?

Lantus · 2011-10-20 14:28:15

We have just heard that the developer is going into receivership and be wound up. We have not ben taken in charge yet. The word is that the receivers have 'no interest' in anything like organising such things. Are they legally bound to do this or as they claim just deal with the sale of assets and other business mtters? On…

20-10-2011 03:28PM

#1

Lantus

Registered Users, Registered Users 2 Posts: 2,873 ✭✭✭

Join Date: August 2010

Posts: 2827

We have just heard that the developer is going into receivership and be wound up. We have not ben taken in charge yet. The word is that the receivers have 'no interest' in anything like organising such things.

Are they legally bound to do this or as they claim just deal with the sale of assets and other business mtters?

On an even worse note we dont have any bond because the local authority accepted a written 'promise to pay note' from the CIF. Sort of like an insurance policy. The CIF have confirmed that they have no intention of paying out a cent on this as it has expired.

Are the local coco now liable/responsible to pay for this?

help!!!

0

Comments

#2 20-10-2011 06:14PM

focus_mad

Registered Users, Registered Users 2 Posts: 738 ✭✭✭

Join Date: February 2009

Posts: 692

I presume something along the lines of this (depending on your county) has to be submitted. However unsure what happens if the developer packs it in..

0