23 Jan 2018 10:26 AM:
Hi Ads, Happy New Year, I can only apologise for my late response, but I have been tied up with the holidays and a dose of flu.
I can't explain why our lawyers did not go down the "Bar Association" route, however they did eventually obtain the necessary Bank Deposits details by making enquiries with the Aifos Judicial Administrators in 2014. They established that our complex was covered by three separate Banks for a total of 8 million euros, however over the years some Banks had amalgamated and some had ceased to exist.
We ended up taking the main Guarantor Bank to court in 2017, however since the Bank only receieved approx. 80% of our deposits, the Judge ignored the fact that the Bank was a Guarantor and responsible for ALL the deposits, he decided that they should only pay us what they had received.
Since we did not win 100% we were not awarded any costs and the Bank is now appealing so our lawyer requested the 80% sum of money to be paid to us whilst we await the outcome of the appeal, that was nearly a year ago and the Bank has failed to pay any money into the Court.
This message was last edited by belucky358 on 23/01/2018.
This message was last edited by belucky358 on 23/01/2018.
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