Real Estate Law
Sep 28, 2026
The Maranatha Case: We Are the Investors' Strongest Advocates
Nov 5, 2018
We created CODDIMA (Maranatha Investor Advocacy Group) with a dedicated website, www.coddima.com, to bring investors together and thus defend their interests more effectively.
We have brought together more than 1,400 investors representing over 220 million euros in invested capital, accounting for more than 50% of the total amount invested by private investors in Maranatha.
Colony was designated as the buyer on October 17 (Year?) by the Marseille Court. The decision is final. Since then, we have been working actively and constructively with Colony to address the concerns we have raised regarding this offer. Dozens of meetings and hundreds of General Meetings (involving more than 135 companies across 50 hotels) will be organized with our participation in order to implement the Colony solution chosen by the court from among the two final offers that we were able to bring closer together at the end of the proceedings.
“Improving the treatment of many investors”
We are currently working with Colony to finalize its offer, clarify any ambiguities, and improve the treatment of many investors in the most depreciated hotels. These General Meetings will be decisive in approving this plan for each hotel. If investors do not approve the plan, the court will have no choice but to initiate a divestiture plan followed by liquidation, which would have worse consequences for investors. We provide useful and detailed information regarding the individual circumstances of all investors who join us.
Visit our website at www.coddima.com