For a phase 3 client, who had a guarantee covering just part of the payments he made.
Judge, using theories of Banks liability for the full coverage of guarantees, in complete protection to the buyer, has condemned Bank and developer jointly and severally to pay all amounts the purchaser deposited into the developers account, plus legal interests since day he made payments---5 years ago--- at a 4/5% rate.
Legal costs being imposed just to the developer.
Great news to finish the week with!
Maria