Brought to you by: Pastor Real Estate & Barclays
The upmarket resort of Gstaad has an online problem, and a person living in Monaco is to blame, according to local news reports.
In 2006, the Gstaad-Saanenland Tourist Office forgot to renew its domain name, gstaad.com. The domain was put up for sale by auction, and bought by the Monaco resident for €26,330 ($31,500).
A year ago, the Gstaad took the case to the Commercial Court for the Canton of Bern and lost its case at the State Arbitration Court. The office has now appealed to the World Intellectual Property Organisation, one of 17 specialised offshoots of the United Nations and the accepted forum for rulings on domain rights.
A verdict is expected shortly.
For the first time, Monte Carlo will play host to the World Top Model final, set to take place on 14th December at the Fairmont Hotel.
Same sex couples in Monaco will be able to benefit from a host of legal rights afforded to married couples and their children, under a new Free Union law that has just been passed by the National Council. After reading a very detailed report by Pierre Van Klaveren on bill 974 and the civil contracts of […]
Princess Charlene of Monaco has shared what life is like raising her strong-willed twins in a new interview published recently. The South African born Princess also revealed that her husband, Prince Albert, is a “fun” father who personally takes his kids to school every day.
Monaco’s National Day, celebrated on Tuesday, was filled with all wonderful pomp and ceremony the people of the Principality have come to expect, but this year, the crowds had even more. Everyone was positively enchanted by the nearly five-year old princely twins, who adorably made the day. National Day, held every 19th November, is about […]
A building company registered in Monaco has ceased trading, leaving many clients out of pocket and very angry. JP Construction, registered at 20 blvd. Princesse Charlotte, as a Societe a Responsibilite Limitee, has laid off its workforce of about 100, many of them Polish, and no-one is working at the office it shares with another business after the company's secretary left after having to face several angry clients.
One customer wrote on a local blog: "We cannot reach anybody from the company. PLEASE HELP, we are desperate. We have lost a lot of money!!!" The company was run by John Olsen, and in May last year he was joined as a director by Peer Pedersen, according to an entry in Monaco's official Journal on August 31, 2012. The fact that the company had capital of 15,000 euros means that creditors will not be able to claim for more than a fraction of the sums they are owed, which could run into several hundred thousand euros. The company had advertised extensively on a local radio staion. According to reports in the French Press and court papers, Mr Olsen was involved in the running of at least two construction companies in France that were wound up owing substantial sums to clients. The fact that down-payments for construction work is normal practice in the building trade makes clients particularly vulnerable when a building company goes bust. Today, no-one was answering the listed telephone at JP Construction (06 03 72 20 34) and emails were not being answered. A reliable source close to the affair told me that the two directors were today doing the necessary paperwork to wind up the company. It appears that many of its clients were Monaco residents with second properties in France.