06 Dec 2015 8:51 AM:
Dear PattySmyth,
Unfortunately there are different interpretations when it comes to interest due to clients, as some Courts award full interest since amounts were paid into the banks, some others only award interest since the case was filed in Court, and others since the bank was asked to pay (before taking it to Court).
We will probably be taking this specific point to the Supreme Court soon, trying to obatin a general ruling for everyone, as we think that clearly Law 57/1968 includes rewarding full interest since amounts were paid by clients, as this is the way to "compensate" not having had that money for so many years.
As an example, we have more than 40 identical cases in the Courts of Alicante where we claim back deposits paid by our clients into different banks. In some of these cases, the Judge awards full interest from day one, and some others only since the case was filed.
Best,
Thread:
NEW!!! - GREAT NEWS!!!! - SUPREME COURT CONFIRMS BANK LIABILITY FOR DEPOSITS UNDER LAW 57/1968
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