Why Club La Costa UK PLC Administration Transitions into Liquidation Process?


It has recently been revealed that Club La Costa, which was in administration, has transitioned into the liquidation process. The FRP Advisory administration was officially terminated on November 20th 2022, and following that, the process shifted from administration to a new phase called liquidation (specifically, creditors’ voluntary liquidation). The process is still being managed by the original team at the FRP Advisory.


Back in November 2020, the timeshare company Club La Costa went into administration. An administrator was appointed, and since then, the company has been subject to the necessary checks to understand the financial position of the company better and plan a route forward (if there is one). 



They came under scrutiny due to the fact they owed tens of millions of former customers compensation because they ignored the Spanish consumer laws for well over a decade. For six years prior to administration, the Spanish legal system had been taking actions against the company, which they have since been unable to keep up to date with.


Read Why Club La Costa UK PLC Administration Transitions into Liquidation Process? 

Location: United Kingdom

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