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Old 20th July 2010, 14:41   #1 (permalink)
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Aston Lloyd in Administration

Sorry posted in wrong thread by mistake.

"Aston Lloyd & Partners International Ltd & Aston Lloyd Hotel Sofia has gone into administration leaving hundreds of investors swindled out of millions of pounds."

It is understood they are/were building a large project in Tuzla near Bodrum somewhere.

Last edited by Mushtaq; 21st July 2010 at 18:13.. Reason: removed director's names
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Old 20th July 2010, 15:24   #2 (permalink)
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Re: Aston Lloyd in Administration

Can you provide a link to that information please.
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Old 20th July 2010, 15:40   #3 (permalink)
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Re: Aston Lloyd in Administration

Quote:
Originally Posted by suzyq View Post
Can you provide a link to that information please.
Cannot post link as I have some download info. which exceeds size allowed to post, so will copy and paste contents here:-

Aston Lloyd & Partners International Ltd (In Administration)
Aston Hotel Sofia Ltd (In Administration)

On 6 July 2010 Bijal Shah and Nimish Patel of Re10 were appointed as Joint
Administrators of both Aston Lloyd & Partners International Ltd and Aston Hotel Sofia Ltd.
Aston Lloyd & Partners International Ltd and Aston Hotel Sofia Ltd were involved in the sourcing and developing of various real estate sites on the Continent, principally in Bulgaria, Turkey, Slovakia and Northern Cyprus. These sites are in various stages of development, and there are likely to be a number of matters requiring the immediate attention of the Joint Administrators.
The Administrators are currently in the process of assessing the situation, and will shortly be writing to all creditors of the above two companies. As you will appreciate, there is very limited information at this stage.
As further details do become available, including information relating to specific developments, then it will be posted to the website
Downloads - Re10 | Insolvency Practitioners | Business Turnaround | Corporate Recovery | London | Leeds | Dubai | India

In the meantime, if you do wish to contact the Administrators, then a dedicated number has been set-up (0207 355 6177). The Administrators’ team may not be able to answer questions concerning individual circumstances but will seek to answer
common queries as much as possible.
Thank you"

Alternative Investment | Soft Commodities | Aston Lloyd

Further statements from Aston Lloyd on 12 July:-
Aston Lloyd and Partners International was a company whose business was in overseas property development; and despite fighting to stay in business has become another casualty of the harsh global economic situation and lack of consumer credit.

If clients have any concerns about this then we would ask them to contact Aston Lloyd on 02073748988 or email [email protected]

Last edited by newhorizon; 20th July 2010 at 15:43..
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Old 20th July 2010, 15:46   #4 (permalink)
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Re: Aston Lloyd in Administration

Thank you, I'm surprised it hasn't been mentioned in the national press yet.
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Old 20th July 2010, 15:55   #5 (permalink)
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Re: Aston Lloyd in Administration

Well lots of companies cease trading even the company I bought from in 2007 did, but fortunately build is completed.

It probably won't be recorded in mainstream news as it doesn't quite have the impact of thousands of holidays makers left stranded abroad, even though financially many may have more to lose than a cost of a holiday if all is not saved...

If anyone is affected by this, it may be worth checking out the eyeonworldwide forums:

Eye on Worldwide - TUZLA LAKE - BODRUM ASTON LLOYD/OBELISK

a guy called Mansoor is collating data and will be sending list to solicitors by 21 July.

Last edited by newhorizon; 20th July 2010 at 16:17.. Reason: Further info. on eyeonworldwide forums and collating data
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