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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 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

Torremolinos II

"Torremolinos II", Torremolinos, Malaga, South-east of Spain, by Alberts, at flickr.com



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9 Comments


Sandra said:
Thursday, January 31, 2013 @ 7:31 PM

I'll drink to that too!!
The good news is arriving in waves. Congratulations to all concerned.


Suzanne said:
Saturday, February 16, 2013 @ 5:23 AM

More great news and I am also,waiting for a sentence from the court but I have signed the creditors agreement do you think I can win or lose my case???


Nigel said:
Sunday, February 17, 2013 @ 11:35 AM

@suzanee as far as I know you should also get a positive outcome because your rights are also the same maybe Maria can confirm this best of luck to its been a long road for us all
Nigel


Chris said:
Monday, February 18, 2013 @ 12:22 PM

Good question we to are awaiting a trial and also signed the convenio hopefully Nigel is correct and the judge agrees best of luck to all


Maria said:
Monday, February 18, 2013 @ 12:40 PM

Suzanne and all:

Yes, rights out of Law 57/68 are irrespective or any dealing, trial, agreement, commitment... of any sort with developer.

Rights out of Law 57/68 are unwaibable and unalienable

Cheers

María


Suzanne said:
Monday, March 4, 2013 @ 3:23 PM

Thanks Maria we are now waiting seven weeks for sentence to arrive is this normal I heard some sentences arrive in one or two weeks what is maximum time anybody know?


Pat said:
Tuesday, March 5, 2013 @ 11:07 AM

I don't think there's any limit on the time a judge takes to decide


Suzanne said:
Monday, March 11, 2013 @ 2:51 PM

Hi all just to keep you updated we lost at first instance the judge decided we must wait because we did sign the convenio maybe if we appeal our Inalienable rights will be upheld???
The fight continues


Maria said:
Monday, March 11, 2013 @ 2:53 PM

Suzanne:
I would certainly go for Appeal in that case
Kindest,
Maria


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