Traveltalkonline.com Forums


SXM Cruise Schedule TTOL Sponsors SXM Travel Calendar
Forum Statistics
Forums39
Topics39,307
Posts318,791
Members26,656
Most Online3,755
Sep 23rd, 2024
Top Posters(30 Days)
bdeeley 68
RonDon 36
Kennys 28
erb923 26
jazzgal 22
GaKaye 20
Member Spotlight
Halcyon
Halcyon
Sacramento, California
Posts: 23
Joined: May 2018
Today's Birthdays
KDTenn, MCJgraduate
Who's Online Now
19 members (GeorgeC1, CanuckTravlr, Todd, SXMScubaman, Whale Tail, RatmansWife, xrayman67, Kegoangoango, Kennys, timnboston, Todd_Melinda_K, Uksimonusa, deliveryskipper, 6 invisible), 1,517 guests, and 63 robots.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Joined: Jun 2009
Posts: 4,985
Likes: 2
jazzgal Offline OP
Traveler
OP Offline
Traveler
Joined: Jun 2009
Posts: 4,985
Likes: 2


[Linked Image]
SXM Sponsors
Joined: Feb 2007
Posts: 4,544
Likes: 1
Traveler
Offline
Traveler
Joined: Feb 2007
Posts: 4,544
Likes: 1
We passed this construction last week and commented how it had progressed. Thought it wouldn't go the way of many projects on island; guess we were wrong.

Joined: Aug 2000
Posts: 83,787
Likes: 1
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,787
Likes: 1
I can't say I'm surprised, in general, but they had been advertising in the Daily Herald until really recently, including ads saying how the project survived virtually unscathed from Irma, according to them. I hope that no one bought in, as a result of those ads!


Carol Hill
Joined: Nov 2009
Posts: 3,278
Traveler
Offline
Traveler
Joined: Nov 2009
Posts: 3,278
That's interesting how island bankruptcy works. The entity doesn't file for bankruptcy, you are filed AGAINST and declared bankrupt.


"It is good to do nothing all day, and then to rest" wink
Joined: May 2004
Posts: 1,197
Traveler
Offline
Traveler
Joined: May 2004
Posts: 1,197
It can work same way in US, of course. A creditor can file an involuntary petition in bankruptcy against a person or entity. It usually is an indication that things look so bad that the creditor has given up on debtor's ability to do anything other than make things worse. It also can lead to some very nasty and expensive litigation - although not always.

Joined: Nov 2009
Posts: 3,278
Traveler
Offline
Traveler
Joined: Nov 2009
Posts: 3,278
Cool!

TTOL...always teaching me something. wink


"It is good to do nothing all day, and then to rest" wink
Joined: May 2002
Posts: 5,506
Likes: 1
Traveler
Online Content
Traveler
Joined: May 2002
Posts: 5,506
Likes: 1
There are two parts of the development . It's not completely belonged to one party.

Joined: Aug 2000
Posts: 2,666
I
Traveler
Offline
Traveler
I
Joined: Aug 2000
Posts: 2,666
Wasn't that originally owned by the family that built Pt. Pirroutte and Rainbow?
Can't remember the name now. Marc was who we dealt with at Rainbow......
I remember the patriarch had a very strong personality.
I guess they sold Indigo to another entitiy.

Joined: Apr 2001
Posts: 14,689
pat Offline
Traveler
Offline
Traveler
Joined: Apr 2001
Posts: 14,689
Would that have been Errato or Onorato or something somewhere in between? The name and reputation leaves a very sour taste in a lot of mouths if that's the same person.


Respectfully,

pat



"Always keep your words soft and sweet, just in case you have to eat
them."
Joined: May 2002
Posts: 5,506
Likes: 1
Traveler
Online Content
Traveler
Joined: May 2002
Posts: 5,506
Likes: 1
No it wasn't the Erato's . Another American and some big locals. The American side went belly up.

Joined: Jan 2015
Posts: 726
Likes: 1
S
Traveler
Offline
Traveler
S
Joined: Jan 2015
Posts: 726
Likes: 1
Erato started Red Pond over near Guana Bay and walked from that one. I have been told he is in Anguilla and will be arrested if he returns to SXM.

Joined: Nov 2009
Posts: 3,278
Traveler
Offline
Traveler
Joined: Nov 2009
Posts: 3,278
Oh those Erato's!

http://smn-news.com/st-maarten-st-m...rrest-son-of-well-known-businessman.html

Even on Anguilla with Turtle's Nest he runs into problems.


"It is good to do nothing all day, and then to rest" wink
Joined: Aug 2000
Posts: 2,666
I
Traveler
Offline
Traveler
I
Joined: Aug 2000
Posts: 2,666
Yes! Marc Erato. Dealt with him when we bought penthouse at Rainbow and his Daddy built in front of us.
Marc did get us our money back.
And yes, the project in Cupecoy is Rainbow and the project in Red Pond was Aquarius. Lot's of people got ripped off there.
Somehow thought he was connected to Indigo somehow. Hmm.

Joined: Dec 2008
Posts: 2,111
Likes: 1
Traveler
Offline
Traveler
Joined: Dec 2008
Posts: 2,111
Likes: 1
Originally Posted by Carol_Hill
I can't say I'm surprised, in general, but they had been advertising in the Daily Herald until really recently, including ads saying how the project survived virtually unscathed from Irma, according to them. I hope that no one bought in, as a result of those ads!


This is always sad for those people who are already committed and can now lose a lot of money. In the article it said that those partially complete houses now need to find another contractor to finish their homes. With all the rebuilding going on because of Irma, I bet building supplies are scarce and expensive.


Fair winds and following seas!
SSN691-May She Ever Prowl The Seas in Defense of Human Freedom!
SSN787-Preserving Peace, Prepared for War
Joined: Aug 2000
Posts: 83,787
Likes: 1
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,787
Likes: 1
Speaking from experience, here in Florida right now, times two!!! Shingles cost twice that they did, pre Irma, and getting someone to work on your house??? Only (somewhat) priceless!!!! duh


Carol Hill
Joined: Dec 2008
Posts: 2,111
Likes: 1
Traveler
Offline
Traveler
Joined: Dec 2008
Posts: 2,111
Likes: 1


Fair winds and following seas!
SSN691-May She Ever Prowl The Seas in Defense of Human Freedom!
SSN787-Preserving Peace, Prepared for War
Joined: Nov 2009
Posts: 3,278
Traveler
Offline
Traveler
Joined: Nov 2009
Posts: 3,278
Originally Posted by Carol_Hill
Speaking from experience, here in Florida right now, times two!!! Shingles cost twice that they did, pre Irma, and getting someone to work on your house??? Only (somewhat) priceless!!!! duh


Aren't there price gouging laws? Or ethical corporations (maybe Home Depot) that maintain consistent pricing policies?


"It is good to do nothing all day, and then to rest" wink
Joined: Aug 2000
Posts: 83,787
Likes: 1
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,787
Likes: 1
Theoretically, if you want to wait about 12 months. Home Depot, as far as I know, and other companies like Lowe's, don't actually have people that do work like this They contract with local contractors to do the work.


Carol Hill
Joined: Nov 2009
Posts: 3,278
Traveler
Offline
Traveler
Joined: Nov 2009
Posts: 3,278
Oh, I'm sure labor is crazy. I was referring to the price of goods such as shingles.


"It is good to do nothing all day, and then to rest" wink
Joined: Mar 2001
Posts: 17,785
Likes: 1
Traveler
Offline
Traveler
Joined: Mar 2001
Posts: 17,785
Likes: 1
Originally Posted by Carol_Hill
Theoretically, if you want to wait about 12 months. Home Depot, as far as I know, and other companies like Lowe's, don't actually have people that do work like this They contract with local contractors to do the work.

Correct and getting any kind of labor it tough as it has become to easy not to work.


J.D.

Link Copied to Clipboard
Powered by UBB.threads™ PHP Forum Software 7.7.5