Spanish banks not issuing bank guarantees - Fortuna Golf development

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07 Dec 2015 14:48 by misfortuna Star rating. 1 posts Send private message

I'm in more or less the same situation as Markbhoy, though my case is, in a way, further forward. I used Plus Advisors and they did absolutely nothing to help me get my deposit back. Since then I used another (real) Spanish law firm to take my case to the Court of First Instance, where I lost against the particular bank in my case. I believe  - though I am still trying to obtain a copy of the sentence document - this was because the Fortuna apartments are classed as 'touristico' and not residential, which the banks use as an excuse not to issue bank guarantees under Law 57/1968.

Although I am encouraged by the news that the Supreme Court emphasises the protective nature of Ley 57/1968, the judge's decision in my case was apparently definitive. Does this mean I have no right of appeal, even in the Supreme Court? Your thoughts on whether I have a right of appeal would be greatly appreciated.





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25 Apr 2016 23:18 by hugh_man Star rating in Kent/Roda . 1344 posts Send private message

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Some good news from the Spanish Legal system finally forcing the banks to honour bank guarantees.

 

http://murciatoday.com/landmark-judgement-in-valencia-ensures-compensation-for-buyers-on-trampol%C3%ADn-hills_29847-a.html?subject=&category=





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29 Apr 2016 10:37 by mariadecastro Star rating in Algeciras (Cadiz). 8808 posts Send private message

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Legal tip 1179. NEW! WON CASE AGAINST BANCO CAM (now ...

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Many results already in Fortuna. Optimize hope!

 

 

 


This message was last edited by mariadecastro on 29/04/2016.

_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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