MAGISTRATES' COURT FROM SEVILLE REJECTS THE APPEAL FILED BY CAIXABANK AND CONFIRMS THAT THE GENERIC BANK GUARANTEE FOR GARDENS OF MANILVA (MANILVA COSTA) IS ENFORCEABLE
The appeal the Caixabank filed against the ruling that sentenced them to meet the payment of the deposit plus legal interest and defense cost to a purchaser of Gardens of Manilva (Manilva Costa), under the provisions of the generic bank guarantee, has been rejected by the Magistrates' Court from Seville, that has also sentenced the Bank to pay the defense cost for the appeal.
These costumers of GM LEGAL EXPERTS bought their properties through Ocean View Properties, to whom they paid the deposits, and their purchase contracts weren't signed by Manilva Costa, so the case was complicated. But looks like they can see now the light at the end of the tunel.
It's also a good new for all the Gardens of Manilva purchasers who have lost the hope to recover their deposits.