Valencia Appeal Court orders BTA insurance to redund deposit plus interest to Trampolin buyers in Albudeite

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17 Sep 2014 3:09 PM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

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ROYAL DREAMS OF ALBUDEITE (GRUPO TRAMPOLIN): VALENCIA MAGISTRATES' COURT NEW JUDGEMENT ORDERS BTA INSURANCE TO REFUND DEPOSIT TO PURCHASERS
 
Courts are moving forward in the purchasers protection, to make sure that they could get back their savings when properties are not built or completed by the time agreed on contracts. And the new judgement from the Valencia Appeal Court is a good example.
 
The Court has ordered BTA Insurance to refund deposit, plus legal interest since payment to Trampolin, to several purchasers of the development in Albudeite.
 
You can get more info about the case on our blog or website.
 
Please visit www.gmlegalexperts.com (click on link "blog") or email us to info@gmlegalexperts.com
 
Kind Regards,
 
Guadalupe Sánchez
GM LEGAL EXPERTS



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18 Sep 2014 8:36 PM by maddy67 Star rating. 4 forum posts Send private message

This is fabulous News but not all the courts seem to be seeing the legal side that is been presented some spanish region courts seem better in moving forward than others seems so wrong !




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09 Mar 2015 9:17 PM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

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IMPORTANT PRECEDENT FROM HIGH COURT: DEPOSITARY BANK IS LIABLE FOR BUYERS'S DEPOSITS, ALTHOUGH ACCOUNT WASN'T CALLED SPECIAL AND INDIVIDUAL BANK GUARANTEES WEREN'T GIVEN
 
A major step has been taken towards the application of 57/68 Act: new High Court judgement states that depositary banks could face liability no matter if the account wasn't called special and no individual bank guarantees weren't given.
 
This is a major achievement that reinforce the advice about this matter that we have been given to our customers through the years, and could involve the end of the nightmare for many buyers who still are under the belief that there was no hope to recover their money.
 
So if you bought a new property, but now you don't have the house, nor your money, please do not hesitate to contact us, because we would be delighted to advise you about best way to recover it.
 
You can contact us on http://www.gmlegalexperts.com



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11 Mar 2015 4:39 PM by Joe1 Star rating. 135 forum posts Send private message

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Hi Guadalupe,

Judgements aside, has anyone actually had their money returned by the banks via 57/68 law?

Joe.

 

 


This message was last edited by Joe1 on 12/03/2015.


This message was last edited by Joe1 on 12/03/2015.


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09 Apr 2015 12:46 PM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

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REMINDER: GUADALUPE TO MEET NEW CUSTOMERS IN LONDON ON FRIDAY 10th SANTURDAY 11th. YOU STILL CAN JOIN MEETINGS!

GET YOUR APPOINTMENT THROUGH THE CONTACT FORM ON http://www.gmlegalexperts.com

Kind Regards

 

GM LEGAL EXPERTS




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09 Apr 2015 12:47 PM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

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Yes, several customers of mine have already got their deposits back.

Kind Regards,

 

Guadalupe




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25 Apr 2015 12:10 PM by bjorn Star rating in The Netherlands. 23 forum posts Send private message

Hi Guadalupe,

And were any of those customers without bank guarantee and/or did any of those pay the deposits onto accounts that were not called special?

-- Bjorn

 


This message was last edited by bjorn on 25/04/2015.


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27 Apr 2015 7:19 PM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

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Hi Bjorn,

The accounts where deposits were paid into weren't called special. Banks called them ordinary to avoid liability.

Best Regards,

Guadalupe




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Previous Threads

GM LEGAL EXPERTS FINAL MEETINGS' SCHEDULE IN UK CONFIRMED - 0 posts
GUADALUPE TO ATTEND MEETINGS IN UK - 0 posts
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court case - 2 posts
IMPORTANT DISCOVERY: DEPOSITS PAID TO SOLERA EL TRAMPOLIN FOR ROYAL DREAMS OF ALBUDEITE ARE COVERED BY A GENERIC GUARANTEE!!! - 8 posts
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Copy of a Trampolin Hills Bank Guarantee enforced by the Court despite it was cancelled before the Notary - 0 posts
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La Caixa is very likely to cover deposits paid by buyers to Tranpolin under the provisions of a Generic Guarantee - 17 posts

8 posts were found:


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