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Affected parties of the Terrabienes case, waiting for a solution after a year of crisis
Posted On 25 Jan 2016

Imagen: El Universo
For a year now, about 1,100 customers of the Terrabienes real estate company struggle between sit-ins and judicial proceedings with the hope of recovering the investment they made to their buy their own home.
Since February 2015, the Terrabienes company, promoter of the housing plan Arcos del Rio, in the north of Guayaquil, entered a process of intervention by the Superintendency of Companies, due to failure to deliver the houses and to pay outstanding obligations.