On February 21, 2024, we received the updated list from the Bankruptcy Creditor regarding a matter of utmost concern.


In a shocking revelation, numerous ownerships, belonging to both our clients and external individuals, have been secretly added to the Bankruptcy Creditors list (TIPO IV RESTO DE ACREEDORES) without the consent of the rightful owners or their representatives. This unauthorized inclusion extends beyond mere names; a disconcerting number of units have also been subject to rental agreements orchestrated by Excel, a move executed without due permission.


As the situation unfolds, an increasing number of units find themselves appended to the Bankruptcy Creditor list (TIPO IV RESTO DE ACREEDORES), leading to severe repercussions for the rightful owners. The consequences are dire, as owners are losing control over their apartments, companies, shares, and allotted weeks, all without any form of reimbursement.


Adding to the complexity of the situation, it has come to light that Flamante is acquiring ownerships from the Bankruptcy Creditor, only to subsequently lease these units to Excel. Notably, Flamante and Excel are operating under the same management, raising serious questions about the transparency and legality of these transactions from the Concursal.


This intricate web of deceit and potential fraud has left a multitude of owners in distress. If you find yourself among those already affected, we urge you to reach out to us promptly. Our dedicated legal team is diligently working to defend the rights of our clients and seek justice against these egregious actions.


For those who have not yet faced the consequences of this unlawful scheme, we strongly encourage you to contact the Bankruptcy Creditor administration immediately. Investigate the status of your ownership and determine the best course of action to safeguard your rights.


In these trying times, it is essential to stand united against such malpractices. Our commitment is unwavering as we navigate through legal complexities to ensure that justice prevails. If you have any concerns or queries, do not hesitate to contact us. Your rights matter, and we are here to protect them.



  Legal Exits Worldwide S.L


Office: + 34 922 945 126
Web: [Contact Us]

C.C. Fañabe, Local 332, Avda. de Bruselas
38660 Adeje, Playa de las Americas S/C de Tenerife, Islas Canarias

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