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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 745. Banks properties for Banks liabilities (2)
Wednesday, April 18, 2012 @ 3:17 PM

Some clients of us are seeking this scheme. Let´s see if banks are wise enough and can see further than their own egocentric calculations.

A thorough global debate and reform of economic and finantial systems where person and its communal dimension is in the center and where  the acknowledgement and fulfilling of social dimension and meaning of Financers and banks is remarked and made obligatory by Law.

This is what we need: orientation. Philosophers?

These type of literature to be understood by politicians and governors and also by the in a medium-citizen, lay people.

 

Kindest,

Maria

Ps.- Below, a post on this written in June 2010

Legal tip 300. Banks properties for Banks liabilities 
15 June 2010 @ 11:24 
What about this?

 

As Banks and Saving Banks are, at the same time:

 

- The bigger property owners

 

- The bigger defendants on property claims ( out of liabilities expressed in provision 1.2 of Law 57/68)

 

Why not an exchange? Property lowered by the non guaranteed amounts.

 

Banks acknowledging liabilities, all happy, economy running..

 

Maria

 

Playa de los alemanes, Tarifa, Cádiz by josenatoniocubero at Flickr.com


 



Like 0




3 Comments


Anne said:
Friday, April 20, 2012 @ 10:51 AM

Maria
You mention Banks acknowledging liabilities, but what about costs and interest awarded through successful rulings against developers who breached contracts and Banks that failed to issue Bank Guarantees for offplan deposited monies? Will these clients be expected to write off these significant amounts of monies that they have been awarded by following this "deal" which only appears to recognise the non guaranteed amounts, i.e. monies originally deposited. Won't that effectively mean that the "property lowering" amount will have been compromised in real money terms? This is not acknowledging liabilities...... it is still making the client pay for their fight for justice. ALL liabilities including costs and interest awarded to date should be covered in any deal of this nature if Banks are to be made accountable for their lack of adherence to a law that was intended to protect offplan purchasers deposited monies, not to mention their obstructive behaviour in the interim.


Anne said:
Saturday, April 21, 2012 @ 11:14 PM

Anne:

This is just a possibility people can freely choose. Nothing to be imposed on no one.

Of course interests are part of debt claimers have against Banks!

Kindest,

María


Anne said:
Sunday, April 22, 2012 @ 12:19 AM

Thank you Maria. For clarity can you please confirm if legal costs plus interest as awarded by court rulings against the developer who breached the contract would be part of the debt claimers have against Banks.


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