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  #191  
Old 08-05-2009, 09:30 PM
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Hey Conchman...
Thanks for the invite. I did not make it to the tournament. Started getting the "your kidding" faces from the wife and then the little ones started. I will be back though.
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  #192  
Old 08-14-2009, 04:53 PM
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any new info on whats going to happen with sun village
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  #193  
Old 09-12-2009, 05:51 PM
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Heading towards foreclosure
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  #194  
Old 09-17-2009, 05:10 PM
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Post 1946 on this thread is a letter dated 15th. Sept. to clients of Sun Village Cofresi, stating that the resort will be closing in the next few days when existing funds have been spent.
Heard of Impact Networth, or NetWorth Solutions?

Special Master's letter is here
http://sunvillageshareholders.com/at..._Kip_Rabin.pdf

Next hearing is, I believe, tomorrow. I'm still hunting for where any of this is in DR papers, local or national. If anyone finds it please post.
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  #195  
Old 09-18-2009, 04:00 PM
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...........
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  #196  
Old 09-18-2009, 08:14 PM
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what happened at the hearing today
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  #197  
Old 09-18-2009, 08:18 PM
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I believe the resort is ordered to be closed as of tomorrow, but I will believe it when I see it.
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  #198  
Old 09-19-2009, 04:32 PM
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So what is the status of Sun Village... did it in fact close today?
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  #199  
Old 09-20-2009, 03:05 AM
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Monday according to this
hotelesenhoteles.com

sacandomelao.com: Por litis judicial, cierran hotel Sun Village en Cofresí

I'm pasting first article because sometimes it doesn't come up:

'Litis judicial obliga a los Elliot cerrar hoteles Sun Village & The Bungalow’s
Posteado en 20 September 2009 por medrano
Por Leonardo Medrano

Hoteles en Hoteles, Puerto Plata, En un caso que podría repercutir negativamente a la inversión turística futura y a la imagen del turismo nacional, Los hoteles Sun Village & The Bungalow’s hoteles que fueron creados por inversiones Canadiense, una corte federal de Miami Estado Unidos congelo hace meses todas las cuentas de estos hoteles y de sus propietarios Fred y Dere Elliot, quienes están siendo acusados por un grupo de personas que supuestamente adquirieron bajo compra apartamentos, habitaciones y Bungalow’s en las propiedades que los Elliot operan y hasta el momento no han sido favorecidos con sus bienes, ni han tenedo la devolución de sus depósitos, situación que ha llevado a los Elliot a varios tribunales internacionales y nacionales para que respondan por estas acusaciones.

Debido al ahogamiento financiero que llevo el congelamientos de las cuentas, Los Elliot se han visto precisados a cerrar los hoteles este lunes 21, aun manteniendo una ocupación sobre el 65%, pero los fondos adquiridos en efectivos no son suficiente para los altos costos operacionales de estos hoteles, los clientes están dando chekout y los que tenían reservas para los próximos días loestán refiriendo a otros hoteles del áreas.

Los 409 empleados fueron mandado a sus casas hasta nuevo aviso con el compromiso de que su trabajo estará seguro, cesaran en funciones hasta que la corte de Miami decida quien operara en lo adelante los hoteles ubicados en cofresi Puerto Plata.'
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  #200  
Old 09-20-2009, 02:42 PM
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This article is accessible

LITIS JUDICIAL OBLIGA A LOS ELLIOT A CERRAR HOTELES SUN VILLAGE & BUNGALOW
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