31-01-2008, 02:04 PM
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Senior Member
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Join Date: Jan 2008
Posts: 87
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Quote:
Originally Posted by Whitesaidfred
Can somone please clarify which bits of Superior havegone into Administraition please
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To the best of 'current' knowldge Superior in Egypt only. However, yesterday, Superior USA already embroilled in a 2 year delay covering Oakmont Resort & Spa, also discovered the Developer - Engle Homes (part of TOUSA one of the USA's largest buidler / developers) has been placed in Chapter 11.
Apparently Oakmont will now be completed but many buyers are seeking to withdraw owing to other difficulties. A number of outstanding law suits are currently in review as I understand it.
Hope this helps...?
Olly |