Payment of legal interest

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16 May 2018 19:40 by kwdavid Star rating in Houghton-le-Spring. 19 forum posts Send private message

How my case went and the communication that took place

1. I take the opportunity to inform you that the initial hearing will take place on the 16th March 2016.

2. I have been informed this morning that the Judge has ruled in your favour and awarded you with a full refund of xxxxxxxx Euro and legal interest from the date of the payments. For your information, legal interest ranges around 4%-5% per annum. I estimate that this could easily be in the region of xxxxxxxx Euro.  20th May 2016

3. Let’s start the year with some positive news. The barrister has received the main deposit of 30,570 Euro which can now be transferred to your Euro account if you supply the bank details. He will deduct his costs and send the balance to you. The same will apply to the interest when this is refunded 4th Jan 2017

4. I have now heard from the barrister who has told me that he asked the Court months ago to calculate the interest and legal costs due as well as force the bank to pay for these but the Court has not done it yet. He asked the Court to deal with this in writing not long time ago but still no action from the Court. He has therefore asked our Court Agent to put pressure on the Court.

To date I have still not received any legal interest as ruled by the Judge.

Has anyone had the same issue or recovered the legal interest.

in anticipation many thanks for your assistance.

 

 




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