Legal tip 896. New! Bank condemned to pay by Law 57/68 in Herrada del Tollo case
Thursday, January 31, 2013 @ 7:18 PM
Recent Court Decission won by the CostaLuz-DeCastro team where bank needs to refund our client out of provision 1segundo of Law 57/68. Developer: Herrada del Tollo.
There was no individual Bank Guarantee, no General Bank Guarantee: Bank was condemned due to being the depositer/ receiver of amounts and having not secure the issuance of the Guarantee. Purely due to lack of due custodian work out of Law 57/68.
Two awesome news on same day!
Good! Good! Banks meeting liabilities
María
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"Torremolinos II", Torremolinos, Malaga, South-east of Spain, by Alberts, at flickr.com