Legal tip 1176. NEW! Supreme Court says every delay brings a cancellation, under Law 57/68
Sunday, June 29, 2014 @ 11:49 PM
Recent Court Decission by Civil Room of the Supreme Court, dated 7th May 2014, has set a judicial doctrine which states:
-If you claim against a Guarantoor in a declarative proceeding, every delay is cancellatory.
- Provision 3 of Law 57/68 sets an automatic cancellation in favour of the buyer who has paid advanced amounts. There is no need of applying provision 1124 of the Civil Code-- where delay was analised in terms of seriousness to produce a cancellation. Every delay is cancellatory under Law 57/68.
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Briñas, La Rioja, North western Spain, at facebook.com