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NEW CASE WON! againsg SGR and BBVA in Herrada del Tollo

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29 Jun 2014 9:36 PM by mariadecastro in Algeciras (Cadiz). 9419 posts Send private message Legal tip 1175. NEW! CASE WON: Orihuela Courts explains Banks Liabilities of law 57/68 28 June 2014 @ 08:30 Against SGR and BBVA in a Herrada del Tollo case. Dated 26th June 2014 So proud of Judges in my country who are punishing Banks for their illegal operation during the Spanish Real Estate boom. This case, which wsa notified yesterday to our Law Firms CostaLuz & DeCastro is a master pieceof comprehensive and fundamented judicial application of Law 57/68. We are celebrating it since yesterday. Among many important statements, the Court decission states: - Obligation of Banks in regards to amounts deposited in their accounts is LEGAL-- so deadline to claim is 15 years -Regardless you have or not an individual certicate, you are guaranteed if there is a guaranteeing agreement between a Bank/ Insurance Company and the developer you contracted with. - Even if you signed the agreement in the Creditors Meeting, you can enact your rights out of Law 57/68 Congrats to client, Orihuela Courts and CostaLuz & Decastro Lawyers teams! _______________________ Maria L. de Castro, JD, MA Lawyer Director www.costaluzlawyers.es 1 Like Spam post or abuse? Please let us know
30 Jun 2014 6:51 PM by ads . 4134 posts Send private message Congratulations Maria. Does this 15 year deadline to claim against a Bank conflict with an earlier SC ruling which estimates that acting these rights after a "long period of no cancellation" can produce a cancellation but no refund, Maria? This message was last edited by ads on 30/06/2014. 0 Like Spam post or abuse? Please let us know

The Comments

29 Jun 2014 9:36 PM by mariadecastro Star rating

in Algeciras (Cadiz). 9419 posts Send private message

Legal tip 1175. NEW! CASE WON: Orihuela Courts explains Banks Liabilities of law 57/68
28 June 2014 @ 08:30

Against SGR and BBVA in a Herrada del Tollo case. Dated 26th June 2014

So proud of Judges in my country who are punishing Banks for their illegal operation during the Spanish Real Estate boom.

This case, which wsa notified yesterday to our Law Firms CostaLuz & DeCastro is a master pieceof comprehensive and fundamented judicial application of Law 57/68. We are celebrating it since yesterday.

Among many important statements, the Court decission states:

- Obligation of Banks in regards to amounts deposited in their accounts is LEGAL-- so deadline to claim is 15 years

-Regardless you have or not an individual certicate, you are guaranteed if there is a guaranteeing agreement between a Bank/ Insurance Company and the developer you contracted with.

- Even if you signed the agreement in the Creditors Meeting, you can enact your rights out of Law 57/68

Congrats to client, Orihuela Courts and CostaLuz & Decastro Lawyers teams!

_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

1 Like

Spam post or abuse? Please let us know

30 Jun 2014 6:51 PM by ads Star rating

. 4134 posts Send private message

Congratulations Maria.

Does this 15 year deadline to claim against a Bank conflict with an earlier SC ruling which estimates that acting these rights after a "long period of no cancellation" can produce a cancellation but no refund, Maria?

This message was last edited by ads on 30/06/2014.

0 Like

Spam post or abuse? Please let us know

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