El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 807. CAM paying FPAG provisionally
01 August 2012 @ 15:57

Just posted by Keith Rule on the EOS forum:

UPDATE – BANCO CAM (SabadellCAM) PAYS 1,494,710€ TO THE COURT BANK ACCOUNT

We have just been informed that following the filing of our Provisional Execution/Enforcement Demand on 18 July 2012 in relation to our Lawsuit, Banco CAM has today paid the 1,494,710€ to the Court Bank account. This is the principal amount of the deposits claimed in our Lawsuit.

"Panoramica del Estrecho desde Tarifa, Cadiz", Tarifa, Cadiz, South of Spain, by Chodaboy, at flickr.com

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1 Comments

Anna said:
28 November 2012 @ 18:41

I have a case which has been won and awaiting on the funds to be released from the court as the solicitors stated that he is awaiting power of attorney from other clients who I am not connected to who also had their case awarded on the same day before any funds will be released by the courts. He also advised that he will be deducting 30% of the claim for legal fees.

Can you advise if this is normal practice and a fee of 30% is the standard deduction applied?

Thanks for your advice.

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