Query re claims against Banks with head office in Barcelona

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19 Oct 2017 20:15 by ads Star rating. 4013 posts Send private message

I wonder if Maria could advise if there are any unforeseen  legal risks associated with ongoing or outstanding claims against Banks who have head offices based in Barcelona, given the current political situation?

 

 


This message was last edited by ads on 20/10/2017.



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20 Oct 2017 08:50 by hughjardon Star rating in Jaywick Sands. 420 posts Send private message

hughjardon´s avatar

The FACT you have asked the QUESTION means you could HAVE A GOOD GUESS at the ANSWER

Love Hugh xx



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20 Oct 2017 10:09 by ads Star rating. 4013 posts Send private message

No Hugh I have no idea, hence the question.

I'm wondering if Supreme Court rulings that have taken years to establish and clarify with regard to Ley 57/68 and Banks legal responsibilities will  continue to be respected and honoured?

 





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20 Oct 2017 11:34 by mariadecastro Star rating in Algeciras (Cadiz). 9298 posts Send private message

Legal Questions? Speak to Maria Direct

No problem as, in the hypothetical case Cataluña were finally an independent country, the matters which are and would be decided happened when those facts were under Spanish Law.



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20 Oct 2017 12:12 by johnzx Star rating in Spain. 5241 posts Send private message

Ads, 

        I would think if there were any problems with any companies which areb trading nationwide  they will transfer to "mainland" Spainç  I believe San Miguel (beer)  may have done that already.





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20 Oct 2017 12:54 by ads Star rating. 4013 posts Send private message

Thank you Maria.

My concerns relate to protectionist action relating to Banks who might refuse to recognise prior SC rulings and how the State of Spain will manage this without causing yet more hardship to those in the process of seeking timely justice according to the clarified law, Ley 57/68. 

If this hypothetically were to occur, would any protectionist action of this nature be in breach of the rule of law, as banks in Catalunya, by trading in Spain, have to abide by their laws and SC rulings? Is this what you mean?





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20 Oct 2017 13:04 by mariadecastro Star rating in Algeciras (Cadiz). 9298 posts Send private message

Legal Questions? Speak to Maria Direct

I mean that those banks were, when facts originating liability happened, under Spain Law and European Law. 

In any case, major banks having law 57/68 liabilities have already moved their registered office to other provinces in Spain. See Caixabank in Valencia and Banco de Sabadell in Alicante below.

 

 

 

 


This message was last edited by mariadecastro on 20/10/2017.


This message was last edited by mariadecastro on 20/10/2017.

_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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