I believe today (24th Sept) is the end of ResidHotel's 6-month safeguard (administration) period. So, it should be decided today whether the company is to be continued or liquidated. If anyone finds out the outcome, please let us know asap by posting here.
Commentaires
mishfly
If anyone hears the ResidHotel decision..
28 Septembre 2009Heard from the chairman of our residents association that the decision has been postponed for another 2 months.
CliveUK
If anyone hears the ResidHotel decision..
28 Septembre 2009Thanks for passing that on. This is disappointing news, as it suggests that the state of the company isn't currently clear. I was hoping they would be back in a healthy state following the Summer season.
Ranger
If anyone hears the ResidHotel decision..
28 Septembre 2009Does that mean the administrators are still in charge and therefore we will continue to receive rent for the next quarter?
CliveUK
If anyone hears the ResidHotel decision..
4 Octobre 2009I recently received some information about ResidHotel from my French solicitor. Apparently, there will be a hearing in the Cannes court on 6 October to re-assess Rhode Tourisme's insolvency situation. It seems 24 September was not the hearing date, just the end of the initial observation period. As reported by others, they will request an extension of the observation period. Apparently, Rhode Tourisme has a positive cash flow following a good Summer season, but they still have a lot of debt and will present a continuation plan to the court, containing a schedule for settling their debt. However, the many claims against them (such as the "declaration de creance" claims from us) are still being checked by the Receiver and this will take a lot more time. So it doesn't sound like we will know the fate of ResidHotel and our claims for a few months yet.
Larah
If anyone hears the ResidHotel decision..
19 Octobre 2009I have an appartment with ResidHotel in Galerie Tatry, Bordeaux, I have not received rent which was due at the beginning of October, has anybody received rent for this quarter yet.
Ranger
If anyone hears the ResidHotel decision..
19 Octobre 2009Yes we received ours a few days ago - we own a property in Les Carroz. the receipt also arrived in the post stating that this was for the period 31 Sep - 31st December - seemed positive.