Saturday, 29 May 2010

Sir Geoff Hurst Wins Court Action Over Costa del Sol Apartments


Costa del Sol Life - The No.1 Costa del Sol Blog: Sir Geoff Hurst Wins Court Action Over Costa del Sol Apartments: "Sir Geoff, 68, of Cheltenham in Gloucestershire, and five other people sued businessman Mark Cordner of Park Lane, Knebworth, Hertfordshire.

They alleged, due to Mr Cordner's deceit, they had paid full price for five apartments in Marbella to which their rights were now worthless.

The judge ruled the investors were entitled to damages.

Off-plan apartments

The amount of damages the group are entitiled to will be assessed at a later date.

The court heard that in 2003 and 2004 the group paid the full purchase price for the off-plan apartments upfront and without security.

Since then, they claimed, their rights over them had been either destroyed or rendered worthless.

The apartments were in a development called Aloha Royal, near Puerto Banus, Marbella.

Mr Cordner admitted he made some of the representations alleged by the six: named as Sir Geoff; David Barkley; Terence Hopley; Paul Kenyon; Martin Roberts and Verna Roberts - but denied they were made deceitfully or negligently.

But Mr Justice Keith, sitting in London, ruled that Mr Cordner was liable and that the six investors were entitled to damages for his deceit.

The judge said that the investors got nothing because the developer to whom they paid the purchase price was not in a position to convey good title to the apartments.

Sir Geoff was not in court to hear the judgement but yet more problem for property in Costa del Sol"

No comments:

LinkWithin

Related Posts with Thumbnails