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Know Your Rights in Spain

Helping the ex-pats community to have a safer stay

Two cases won against BBVA for lack of BGs
Friday, May 23, 2014

Last week, our Firm received two judgments against BBVA, who received advanced payments for off-plan properties without issuing Bank Guarantee for those amounts or checking if they were guaranteed by other entity.

Courts no 2 of Almería an no 9 of Alicante granted judgments in favour of foreign clients of our Firm, obblying BBVA to pay back the amounts paid through their accounts plus interests since the date of each payment.

With these rulings, the Courts of Alicante confirm their unanimous opinion on this matter, and the Courts of Almería join this line of thinking, yet followed by the Courts of Murcia, Leon or Burgos, amongst many more, and also by the Supreme Court



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