El blog de Maria

 As my friend, workmate and colleague Fernando Alberich said to a lawyer-representative of a big development company in Murcia region last Wednesday, during a meeting we held together in order to see if there was a way to solve problems: " We all danced when there  was music playing"; we were obviously talking on how the finantial crunch has put an end to many dreams and.... abuses.

Today I have read in the Economnist that the spokeman of the main developers´association blame the financial system of unfair competition, as Banks are now selling properties at conditions which are unachievable for developers. 

Yes, Banks are approaching  persons´ pockets, as at the end of the day, consumers, persons... final addressees of economy mark the rythm. So natural as life, indeed.

From a consumers  legal perspective, there are also many other ways for calling the bahaviour of the most of the financial entities during the real estate Spanish boom related to the securing of Bank Guarantees out of provision 1.2 of Law 57/68: negligency, unfaithfulness, conflict of interests, omission of guaranteeing duties...

Anyhow, we are starting the final stretch of the current 2009-2010 course... ready to start the big battle for consumers rights against financial institutions in the field of off-plan developments. Any taker for the fight, please contact us. ;)

Have a great Sunday!

Maria

www.costaluzlawyers.es

Zahora beach ( Cadiz) by Basilievich at Flickr.com