NEW!!! - SUPREME COURT STATES LIABILITY OF BBVA, BANCO POPULAR & SGR BEFORE BUYERS OF SANTA ANA DEL MONTE

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29 Sep 2015 5:07 PM by LucasAsociados Star rating in Almeria. 124 forum posts Send private message

In a judgment just issued, the Supreme Court, ruling on a cassation, states the obbligation of BBVA, Banco Popular and SGR before the buyers of SAdM.

The Supreme Court states in this ruling that the right to be refunded comes out from the guarantee policy, and not from the individual certificate.

This confirms the line of reasoning held by us and other firms in our claims against the banks receiving the advanced payments and deposits, as the Supreme Court understands that the mere payment of the agreed amounts puts the buyers under the protection of the policy, as this kind of guarantees are considered as a collective insurance. 

It's great news for all buyers not refunded yet, and also for those claiming before courts and waiting forn a definitive ruling of their case.

Find below a link to the relevant piece of news:

http://www.legaltoday.com/actualidad/noticias/el-supremo-dictamina-que-la-falta-de-un-aval-individual-en-las-polizas-colectivas-no-impide-estar-asegurado

 



_______________________
E. Lucas Read my blog http://www.eyeonspain.com/blogs/lucasasociados.aspx


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29 Sep 2015 8:27 PM by arlene2804 Star rating. 127 forum posts Send private message

Great news but will be interesting to see what new tactics the banks come up with to delay refunding our monies, sorry to sound cynical but since leaving our deposit  it has been nothing but broken promises and time frames and that includes our experience with solicitors.

 

 

 

 




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