Britons Daniel Rushton and Matthew Daly have been arrested in connection with an armed robbery at a supermarket in Puerto Banus, Spain

Britons Daniel Rushton and Matthew Daly have been arrested in connection with an armed robbery at a supermarket in Puerto Banus, Sp...

Protecting the Rock’s reputation from any fallout as a result of the Marrache case.?

Gibraltar said yesterday that it would work with the Financial Services Commission [FSC] to protect the Rock’s reputation from any fallout as a result of the Marrache case.The statement came amid concerns that an ongoing criminal investigation into the affairs of prominent local...

Two schools, in Manilva and Marbella, had to be evacuated after becoming flooded

Two schools, in Manilva and Marbella, had to be evacuated after becoming flooded, and in Manilva the A7 was closed for a time as underpasses to gain access to Sabinillas and Puerto de la Duquesa were underwater.There were several landslides affecting roads in the Manilva area.In Marbella the El Ángel college was flooded and evacuated and a wall collapsed close to the Barceló hotel in San Pedro Alcántara. More than 50 litres per square metre was recorded...

Benjamin and Solomon Marrache, appeared before the Magistrates Court yesterday charged with false accounting in respect of E1.8m of client money.

Two senior executives at a prominent Gibraltar law firm, brothers Benjamin and Solomon Marrache, appeared before the Magistrates Court yesterday charged with false accounting in respect of E1.8m of client money.The two men were arrested on Tuesday and spent the night in police cells before being ferried to court in a police van.The two Marrache brothers were ushered by police through a side entrance to Central Police station just before 10am and...

Killing the Golden Goose More demolition orders have been issued in Albox

More demolition orders have been issued in Albox despite confusing statements by the Town Hall and the Mayor, Sr. José GarcíaIn an interview published on the English language Arboleasnow website , Sr. Garcia is reported to have denied the rumour that nine houses are affected, saying that only eight demolition orders have been issued "by the courts".This statement belies the fact that on the 15th December another of our members was issued with an...

Helen and Len Prior have been ordered to be given a temporary home by a judge’s order.

British Couple Helen and Len Prior have been ordered to be given a temporary home by a judge’s order.Lawyers acting for the couple are claiming compensation from the local council for the loss of their home and also applied for ‘provisional measures’ to house them in a similar property to the one they lost, and it is these measures which the judge has ordered be met. The local council now has to find them a similar property or pay the rent on another...

Spanish real estate developer Habitat filed for protection from creditors which hold 2.3 billion Euros in debt.

The main creditors of the developer are La Caixa, Caja Madrid, Banco Santander, BBVA and Banco Popular, a total of 38 entities. This is not the first real estate company to go into administration. The total debt of real estate companies in administration is over 10,500 million Euros.The president of Habitat, however appears rather optimistic as he announced that “the company will face all their obligations and has enough active capital to confront...

court has registered a condition of ‘bankruptcy’ for Polaris World Sports Centre, Polaris Development, Polaris World Development, Polaris World Indus

Polaris World returned to court with their creditors with the debt now owed to the Bank of Valencia by the Murcian constructor estimated to be around 62-million euros and around 100-million euros owed overall. According to the economic newspaper Cinco Días, the principle creditors are Caja Mediterráneo, Bancaja Group y Banco Popular.Polaris World accepted that 15 of its companies, are in a ’state of insolvencia’ and thus the group is seeking to initiate...