Learning that Bali Hai Co., Ltd., has filed a motion for rehabilitation at the Central Bankruptcy Court in Bangkok, Carlo Tresch and Alexey Daryev enlisted the services of Magna Carta Law Office to represent them in filing a petition. Tresh and Daryev had purchased apartments in the Waterfront Suites & Residences, which is developed by Bali Hai Co., Ltd. The court set the date for a hearing on April 24th.
Other buyers of Waterfront Suites & Residences are urged to contact their own lawyers, or if they do not have one, then they can contact Magna Carta Law Office in South Pattaya and file their claims for debt payment and confirming their creditor status in order to retain their rights to vote on the rehabilitation plan and to receive compensation from the developer.
When all the buyers (creditors) can be contacted and added into the list of claimants, Magna Carta Law Firm will then launch an official petition to Pattaya City Hall.
Magna Carta Law Office has assembled a team of experienced lawyers to represent affected buyers and creditors, as well as to analyze the feasibility of the rehabilitation plan for the Waterfront project.