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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 1364.WON CASE in FIRST INSTANCE COURT AGAINST CAIXABANK FOR OUR CLIENTS WHO PURCHASED OFF-PLAN PROPERTIES FROM THE DEVELOPER ANDAINVER S.L. (now DESARROLLOS EMPESARIALES NAPLES S.L.) AT CALANOVA SEA GOLF DEVELOPMENT
Friday, February 12, 2016 @ 3:01 PM

WON CASE in FIRST INSTANCE COURT AGAINST CAIXABANK FOR OUR CLIENTS WHO PURCHASED OFF-PLAN PROPERTIES FROM THE DEVELOPER ANDAINVER S.L. (now DESARROLLOS EMPESARIALES NAPLES S.L.) AT CALANOVA SEA GOLF DEVELOPMENT

We were extremely pleased to inform our clients today that we had won their case against CAIXABANK in the First Instance Court.

The clients did not receive individual Guarantees from the developer, Andainver S.L. or from CAIXABANK, the Bank to which part of their off-plan deposit was paid and the Bank that signed a Guarantee Line with the developer.

Re: YOUR CASE AGAINST CAIXABANK S.A. - PO XXX/2015

Please find attached the Sentence from the First Instance Court No.4 in Fuengirola (Málaga).

Your case against CAIXABANK has been won.

The final paragraph of the First Instance Sentence delivered on 3 February 2016 and notified on 4 February 2016 states:


“Fully upholding the Lawsuit filed on behalf of XXXXXXX, XXXXXXX & XXXXXX and condemn CAIXABANK S.A. to pay to the plaintiffs the amount of XXX,XXX euros (XXX,XXX€ to Messrs XXXXX & XX,XXX€ to Mr XXXXXX), increased by that amounting from applying the interest under LEY 57/1968, of 29 July, with the imposition of costs to the defendant”


So your Lawsuit has been upheld and CAIXABANK is sentenced to refund the amount of XXX,XXX€, plus interest in accordance with LEY 57/1968.

We have requested the Court to clarify if interest is to be calculated from the date in 2004 when you made the off-plan payments to the developer or from the filing of the Lawsuit in 2014 as it is not clear from the Sentence.

Costs of the First Instance Proceedings are imposed on CAIXABANK.

CAIXABANK has 20 working days from the date of notification of the Sentence, which was 4 February 2016, to comply with the Sentence or to file an Appeal to the Provincial Appeal Court of Málaga.



Like 3




9 Comments


M11Block said:
Friday, February 12, 2016 @ 3:25 PM

Excellent news, well done Maria.


antifreeze said:
Saturday, February 13, 2016 @ 12:48 AM

Congratulations Maria - it seems the Law Courts are recognising banks neglected the law and took a very unethical approach in receiving money without issuing proper guarantees.

I think you have set a precedent for the banks and developers to watch out. :o)


M11Block said:
Sunday, February 14, 2016 @ 9:25 AM

Maria can you keep us updated on this case and let us know if the Bank appeals and what the timescales will be for the next court case if they appeal?


mariadecastro said:
Monday, February 15, 2016 @ 3:57 PM

M11:

No worries as Appeal decision will be published here.

Antifreeze:

It is very good Judges in Spain are applying Law so wisely and correctly in favour of consumers of those crazy years. Good that people like Keith Rule persited on finding justice and we have the will, energies and passion to help Keith and many like him. I am very glad for that all.

Cheers

María




Keith110 said:
Tuesday, March 15, 2016 @ 4:51 PM

In this case the Court has now issued a clarification to confirm that interest is awarded from the date the buyers paid their off-plan deposits to the developer's account, which was in 2004. We had asked the Court for clarification because it was not stated originally in the Sentence.

Good news for the buyers/clients in this case.


M11Block said:
Tuesday, March 15, 2016 @ 5:03 PM

Excellent, well done. Does this mean the Judge has clarified about the interest and that the Bank has not appealed as this is more than 20 days since the sentence?


Keith110 said:
Tuesday, March 15, 2016 @ 6:27 PM

The Judge has clarified the interest issue. However, when a Sentence is subject to a clarification for any reason, the time for Appeal then begins from the date the clarification is notified to the parties. So in this case the clarification was dated 7 March and notified to the parties on 9 March 2016. So the bank now has 20 working days from 9 March 2016 to file an Appeal


M11Block said:
Tuesday, March 15, 2016 @ 7:36 PM

Thanks for that explanation Keith, each time something happens we learn something new which helps our understanding and will help us when our case comes up.


ads said:
Tuesday, April 12, 2016 @ 12:23 AM

Did Caixa Bank submit an appeal and if so on what grounds have they appealed?


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