Issue link: https://maltatoday.uberflip.com/i/1519725
13 NEWS maltatoday | SUNDAY • 28 APRIL 2024 COURT NOTICE The Registrar, Civil Courts and Tribunals notifies that the First Hall of the Civil Court ordered the sale by Judicial Auction of the following property to be held in room numbered 78, nearby the Courts Archives, Level -1, Courts of Justice, Republic Street, Valletta. Date Time Judicial Sale No Property 07 th May, 2024 10.30am 12/22 – EM Farstone Construction and Restoration Limited (C 30589) Vs VLT Boutique Limited (C 65817) The tenement numbered 98, in Republic Street, Valletta, with a superficial range of land of circa 183sqm, consisting of a former old building prior to the year of 1967, with a long corridor with stairs accessing each floor and which opens into an internal yard from which one can access the basement through a flight of stairs, with its own airspace, and is valued at €2,382,024.90. 07 th May, 2024 11.00am 22/23 – EGL Bank of Valletta p.l.c. (C 2833) Vs Callus Christian (ID 499783M) The garage internally marked number 6, without its airspace and which garage is situated in a common drive in that abuts onto Triq in-Nigret, Zurrieq, situated at basement level with an area of which is higher than the street level where one finds a small window that permits natural light and ventilation in the garage and is a corner garage with access from a common ramp that abuts onto Triq in-Nigret and from the other side sides with Triq Isouard Xuereb, with a superficial measurement of circa 21sqm and is of an irregular shape. This garage enjoys the right of perpetual and non interrupted use together with the other garages owners in the same complex of the common ramp and drive in from where the garage is accessible, free and unencumbered, with all its rights and appurtenances, and which garage is bounded North West with Triq in-Nigret, South West with Triq Isouard Xuereb, South East with the drive way at basement level that gives access to this garage and other properties and North East with another garage of third parties, as described in the act dated 16.07.2008 in the acts of Notary Mary Camilleri Cutajar, and is valued at €45,000. 09 th May, 2024 11.30am 65/23 – EM Camilleri Ludwig (ID 501973M) et Vs Camilleri Andrew (ID 624149M) The property is a warehouse unnumbered officially and known as 'Alexander Garage', in Triq il-Maħżnier, Ħal Luqa unknown correct boundaries. The offers shall begin from €300,000 with the admission of extraneous bidders. 14 th May, 2024 11.30am 42/22 – AZ HSBC Bank Malta p.l.c. (C 3177) Vs Dr Mario Caruana et noe The tenement without name and officially numbered 219 previously numbered 243, accessible from the main door on ground floor level, in Triq il-Kbira, Mosta, on three floors, with part of the tenement underlies third party property on ground floor level, including its airspace, and with all its appurtenances, free and unencumbered, and as subject to the servitudes naturally resulting from its position partially overlying third party property on groundfloor level which includes also the drainage and services drains that serves the underlying property from the internal yard which forms part of the tenement and the common drainage system. The tenement also enjoys the right to use the shaft which is contiguous to the tenement and which shaft belongs to third parties and on the backside of the first and second floor level has windows overlooking the yard of the third parties on the ground floor level, including the undivided share of the boundary walls, together with the adjacent properties as well as the undivided share of the ceiling of the underlying tenement (that belongs to third parties) which occupies part of the groundfloor level, bounded from the East, West and North with third party property and from the South with Triq il-Kbira, where it has the facade onto the street, and this as described in the acts of Notary Annalisa Caruana of the 06.06.2008 and is valued at €530,000. 21 st May, 2024 10.30am 9/20 – AZ Seabank Hotel and Catering Limited (C 40319) Vs Portelli Joseph Mary (ID 536861M) et Two garages internally numbered 5 and 6 on the second level (upper basement) forming part of a building of basement garages with car access entrance from Triq il-Merluzz and exit from Triq it-Turisti in Qawra, San Pawl il-Bahar. The usage of these two garages was changed as garages were connected with another two immovable properties next to garage number 6, previously also garages, numbered 7 and 8. This underground space which previously was occupied by a total of four garages changed to a kitchen and an office. Vertical connections were made in the space previously garage number 6 with the overlying property; 'Da Michele' cafeteria, situated in Triq il-Maskli corner underlying property from the internal yard which forms part of the tenement and the common drainage system. The tenement also enjoys the right to use the shaft which is contiguous to the tenement and which shaft belongs to third parties and on the backside of the first and second floor level has windows overlooking the yard of the third parties on the ground floor level, including the undivided share of the boundary walls, together with the adjacent properties as well as the undivided share of the ceiling of the underlying tenement (that belongs to third parties) which occupies part of the groundfloor level, bounded from the East, West and North with third party property and from the South with Triq il-Kbira, where it has the facade onto the street, and this as described in the acts of Notary Annalisa Caruana of the 06.06.2008 and is valued at €530,000. 21 st May, 2024 10.30am 9/20 – AZ Seabank Hotel and Catering Limited (C 40319) Vs Portelli Joseph Mary (ID 536861M) et Two garages internally numbered 5 and 6 on the second level (upper basement) forming part of a building of basement garages with car access entrance from Triq il-Merluzz and exit from Triq it-Turisti in Qawra, San Pawl il-Bahar. The usage of these two garages was changed as garages were connected with another two immovable properties next to garage number 6, previously also garages, numbered 7 and 8. This underground space which previously was occupied by a total of four garages changed to a kitchen and an office. Vertical connections were made in the space previously garage number 6 with the overlying property; 'Da Michele' cafeteria, situated in Triq il-Maskli corner with Triq it-Turisti, San Pawl il-Bahar. These connections consists of an internal staircase and also a hoist (lift) for uploading and unloading food and objects related to the kitchen underlying the cafeteria. The tenement which was garage number 5 has a basement common driveway, with in perpetual and uninterrupted access from a drive in which provides access, and which garages are without airspace and without their sub terrain, subject and enjoys the servitudes resulting from their position, with the right of perpetual and uninterrupted use and with access with vehicle and on foot of the common areas and services of the garage complex and valued at €105,000. 21 st May, 2024 11.00am 3/24 – EGL The tenement officially number 51 in Triq Hilda Tabone corner with Triq il-Kwartier which door is officially number 4 in Birgu, GRMI Property Developments Limited (C 84785) Vs Dr Josette Sultana et noe underlying third party propert on the second floor, free and unencumbered, with all its rights and appurtenances, including its airspace and subsoil however excluding a part of the second floor of the said tenement which portion owned by third parties. The offers shall begin from €190,000 with the admission of extraneous bidders. 21 st May, 2024 11.30am 51/19 – EGL Farrugia Joseph (ID 732856M) Vs Zurrieq Football Club The tenement officially numbered 53 previously 30 in Triq il-Kbira, Żurrieq and two rooms one on each other that were taken from the tenement numbered 29 in Triq il- Kbira Żurrieq that are adjacent to the property of the buyer and this according to the public deeds 11.10.1987 and of the 29.10.1985 respectively. This tenement incorporates a three-storey building which approximately measures 177m² free and unencumbered with all its right and appurtenances and with vacant possession including the roof and its overlying airspace, however presently the tenement is occupied by third parties and valued €635,000. 23 rd May, 2024 10.30am 47/22 – EM Cachia Patrick (ID 179954M) Vs Cachia Glenn (ID 448693M) The apartment marked number 6, in 43, Shishman Court, in Triq il-Witja, Tarxien, consisting of an apartment on the first floor with entrance from an entrance hall, stairs and lift in common between nine apartments and which is accessible from a common stairs and lift and is overlying and underlying third party apartments, and is subject to and enjoys from the servitudes of pipe drains, drainage and rain water paths from the underlying and overlying tenements for maintenance, servicing and repairs purposes of the said pipe drains in reasonable hours and with a pre notice. More over, it enjoys the servitude of the laying and maintenance of a water tank of capacity not more than 750L on the highest roof of the block as well as the right of access to the said roof for installation, maintenance and repairs purposes of the said water tank, in reasonable hours and with an adequate pre notice. The apartment also enjoys the right, that against payment, connects with a common system of a television aerial and satellite dish. Finally, the apartment is subject to the passive servitudes and enjoys the rights and active servitudes resulting from its relative position in the block, including the divided portion of the roof of the block on the third floor of circa 5m2 including its airspace to be used only for drying clothes on a clothes horse and not by means of a clothes line poles and this as resulting from the contract in the acts of Notary Doctor Jonathan Zammit dated 13.01.2009, and which is bounded on the North by the public street Triq il-Witja, on the West by property of Jos Jane Construction Ltd, and on the East by property of the brothers Galea or their occupied by a semi detached villa numbered 83 previously numbered 44, and which was named Villa Aida, bounded entirely from South West with the said street, North West with property of the successors in title of Family Pace and South East with property of families Grech and Debono, as well as the adjacent garage with the same villa with number 81, in Triq Birbal and which is bounded South West with the said street from which it was accessible, South East with the said villa and North West with property of the successors in title of family Pace, with all its rights and appurtenances according to the contract in the acts of Notary Dr. Carmel Martinelli published on the 30.05.2005, and is valued at €515,000. Further details can be obtained from the website: https://ecourts.gov.mt/onlineservices/JudicialSales The bidders taking part in the auction must present their identity card Gaetana Aquilina For the Registrar of Civil Courts and Tribunals kicked out of Malta Senate grilling in US "What we've seen in the face of the Steward crisis is uniting people in the face of the greed... all are say- ing clearly that it is long past time to make sure patient health comes before shareholder wealth in Mas- sachusetts and across our country," Markey said at the State House hearing. Both Markey and Warren harsh- ly criticised Steward and its CEO Ralph de la Torre, who declined an invitation to testify at the hearing. "While we hold this hearing, Dr de la Torre is hiding out," Warren said. "Shame on Dr de la Torre. He owes the residents of Massachu- setts an explanation for his part in looting Steward hospitals. And law enforcement authorities should carefully review every aspect of this fiasco." The Steward hospitals in Mas- sachusetts employ over 16,000 people, serving vulnerable com- munities with few other healthcare options. Leaseback system is profiteering In 2016, Steward sold its hospital real estate in Massachusetts to the real estate investment firm Medical Properties Trust for $1.25 billion. Steward agreed to pay rent to keep its hospitals running. This year, MPT said the company owed tens of millions of dollars in back rent. But Warren and Markey said the leaseback deal was a major factor behind Steward's financial difficul- ties. Donald Berwick, a Harvard Med- ical School lecturer, testified at the hearing saying that such real estate deals caused healthcare costs to rise and only harms patients in the end. Cerberus Capital Management, the private equity firm that bought the hospitals system that became Steward Health Care in 2010, claimed it had rescued failing Mas- sachusetts hospitals in the deal. In 2020, Cerberus ended its rela- tionship with Steward and placed the hospitals under Steward's sole control. "At the time that we sold our controlling interest in Steward in 2020 to Dr de la Torre and his management team," the compa- ny's executives wrote to the sena- tors, "Steward was a success story not just for our investors... but al- so for its stakeholders, including the numerous communities that it served." Senator Markey said it was no sur- prise that Steward CEO Ralph de la Torre had declined the Senat's invi- tation to testify. "It is a clear reflection for how Steward has failed to show up for the communities they promised to serve." De la Torre declines Senate testi- mony In their letter to Ralph de la Torre, Markey and Warren blasted him for years of financial mismanage- ment, private equity schemes, and executive profiteering that have led to Steward Health's financial crisis. The senators are seeking answers from de la Torre on a series of trou- bling transactions from 2010 to the present that have saddled Steward's Massachusetts hospitals with crip- pling debt and contributed to the growing crisis. "Steward's Massachusetts hos- pitals are in deep financial distress and appear to be in danger of clo- sure because of years of misman- agement, private equity schemes, and executive profiteering. You have run this hospital system for 14 years, and reportedly have had ac- cess to two private jets while own- ing two luxury yachts," said the US lawmakers. "Meanwhile, suppliers were un- paid, the system piled on debt, and patients in Steward hospitals… suf- fered because of inadequate care. And now, as a result of years of fail- ures by you and the private equity ownership at Steward, access to health care is at risk for Massachu- setts communities, and thousands of health care workers' jobs could be lost." Cerberus invested in and creat- ed Steward in 2010 out of Caritas Christi Health Care, which de la Torre headed at the time. Stew- ard then sold its hospital buildings to the real estate investment trust Medical Properties Trust (MPT) in 2016 for $1.25 billion, locking the system into massive rent payments that saddled the hospitals with crushing debt. Then, in May 2020, Cerberus be- gan its exit from Steward and trans- ferred its stake to a group of Steward doctors, led by de la Torre. Stew- ard borrowed an additional $335 million from its landlord, MPT, in January 2021 to finance the trans- action, and took out another 2023 loan that quickly went bad. With De La Torre involved in every major transaction involving the hospital system for nearly two decades, the lawmakers said the CEO had to answer for the hun- dreds of millions of dollars in debt incurred by the hospitals system. Stuart CEO Ralph de la Torre (second from right) in a meeting with Joseph Muscat (second from left)