You may have received a communication from a receiver/administrator regarding Pierre et Vacances Centre parcs group.
Pierre et Vacances have entered a negotiation procedure forced upon you owners with the Commercial court support in order to negotiate the payments of the rental income due to the Covid. Any court cases against Pierre et Vacances will now be delayed until further notice and the Commercial court decides.
This situation is a real joke and scandalous as they don't seem to care at all about the owners/ lessors and their own charges to the banks which of course process actions against owners. Of course the French owners have the possibilities to demand income tax relief etc..., but overseas owners have been refused everything by banks and insurances.
Now this conciliator is suggesting for owners to contact a legal support which is probably going to be costly even if owners regroup under an association etc... My first suggestion here is for you to contact the association of owners you are already in contact with and then request information of the next steps but I will suggest to be extremely careful and to stay on top of this but in same time put pressure on the association for answers in both languages because in this procedure there are strong chances that you are not going to receive translations or explanations.
I am not sure on how this is going to develop but previous and recent experience shows the conciliator getting his/her way and conflicts are avoided which obviously is not going to work on owners favour.
Of course you have to think of the situation about the refurbishment which will probably kicked aside but still demanded for owners to pay. Knowing owners were planning on getting the rent to finance the refurbishment, many will be left unable to pay but the association or representative will probably not help on this point or not include this in the negotiation so don’t forget to push on this.