LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST BANCO POPULAR FOR OUR CLIENTS WHO PURCHASED OFF-PLAN PROPERTIES FROM THE DEVELOPER HUMA MEDITERRÁNEO S.L. AT ALMANZORA COUNTRY CLUB

We were extremely pleased to inform our clients today that we had won their case against BANCO POPULAR in the First Instance Court. The clients paid their off-plan deposits to the developer’s account at BANCO POPULAR.  The clients did not receive individual Guarantees for their off-plan deposits … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST ASEFA S.A. FOR OUR CLIENT WHO PURCHASED AN OFF-PLAN PROPERTY FROM THE DEVELOPER ENGRAULIS S.L. AT BUENA VISTA DE CORTES DEVELOPMENT

We were extremely pleased to inform our clients today that we had won their case against ASEFA in the First Instance Court. The clients did not receive individual Guarantees from the developer, Engraulis S.L. or from ASEFA, the Insurance Company that signed a General Guarantee Policy with the … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST BANCO SANTANDER & PROMAGA FOR OUR CLIENT WHO PURCHASED AN OFF-PLAN PROPERTY FROM THE DEVELOPER PROMAGA AT RESIDENCIAL VISTA HERMOSA

We were extremely pleased to inform our client today that we had won their case against BANCO SANTANDER & PROMAGA in the First Instance Court. The developer completed the property one year late and Banco Santander had issued an individual Bank Guarantee to the buyer but had refused the … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST CLEYTON GES S.L. & BANCO CAM S.A.U. FOR FINCA PARCS BUYERS AT LAS HIGUERICAS

We were extremely pleased to inform our clients today that we had won their case against developer, Cleyton GES S.L. & Banco CAM in the First Instance Court in Hellín. The 13 claimants were included in Finca Parcs Action Group Lawsuit 2 which was submitted to the Court in December 2012.  The … [Read more...]

LEY 57/1968 WON CASE in PROVINCIAL APPEAL COURT AGAINST BBVA FOR PROMOCIONES EUROHOUSE BUYERS AT RESIDENCIAL FORTUNA GOLF RESORT & APARTAMENTOS TURISTICOS PUEBLO LA SAL

We were extremely pleased to inform our clients today that we had won their case against BBVA in the Provincial Appeal Court. The clients did not receive individual Guarantees from the developer, Promociones Eurohouse 2010 S.L. or from BBVA, the Bank to which part of their off-plan deposit was … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST HCC EUROPE FOR GRUPO LABARO S.L. BUYER AT ‘COSTA GALERA COUNTRY CLUB’

We were pleased to inform our client today that we had won their case against the insurer HCC EUROPE in the First Instance Court. The clients did not receive individual Guarantees from the developer, Grupo Labaro S.L. or from the Bank to which their off-plan deposit was paid or from the General … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST SGR & BBVA FOR HERRADA DEL TOLLO S.L. BUYER AT ‘RESIDENCIAL SANTA ANA DEL MONTE’

We were pleased to inform our clients today that we had won their case against SGR & BBVA in the First Instance Court. The clients did not receive individual Guarantees from the developer, Herrada del Tollo S.L. or from the Bank to which their off-plan deposit was paid, BBVA or from the General … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST PASTOR SELECTED VILLAS INTERNATIONAL WITH JOINT LIABILITY OF CAIXABANK

We were pleased to inform our clients today that we had won their case against Pastor Selected Villas International & Caixabank in the First Instance Court. The clients did not receive an individual Guarantee from the developer, Pastor Selected Villas International or from the Bank to which their … [Read more...]

LEY 57/1968 WON CASE in FIRST INSTANCE COURT AGAINST CAIXABANK FOR PROMOCIONES EUROHOUSE 2010 S.L. BUYERS AT ‘RESIDENCIAL FORTUNA GOLF RESORT’

We were pleased to inform our clients today that we had won their case against Caixabank in the First Instance Court. The clients did not receive an individual Guarantee from the developer, Promociones Eurohouse 2010 S.L. or from the Bank to which their off-plan deposit was paid, CAIXABANK … [Read more...]

Off-Plan Purchase Contract Cancellation

Good debate on EOS today! http://www.eyeonspain.com/forums/posts-long-21308.aspx Supreme Court in its decission dated 22nd January 2015 states that off-plan purchase contract cancellation can be denied by a Judge due to "bad faith" on the part of the buyer when a cancellation claim hides … [Read more...]

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