SABADELL SOLBANK must return 500,000 in Cala Romántica, Mallorca

This was ordered on 19th December 2017 by the First Instance Court Number 8 of Marbella, Malaga, Spain. The responsibility derives from the issuance by BANCO CAM (now SABADELL SOLBANK) of a General Line of Guarantees for the refund of advanced payments according to keith.   This is a new example … [Read more...]

Full list of all won cases against Banks by CostaLuz Lawyers using Keith Rule Action

AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A EL BALCÓN DEL HIPÓDROMO AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A LAS CABALLERIZAS AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A TERRAZASS DEL MEDITERRANEO AIFOS ARQUITECTURA Y PROMOCIONES … [Read more...]

Costaluz Lawyers won cases so far in 2018

Continuing the battle for consumers rights and balance of the financial system in Spain, pleased to share with you our recent victories along these first 75 days of 2018: ORIHUELA P1 BANCO SABADELL MONSERRATE CAMARA ALBEROLA & SKY HOUSES LA … [Read more...]

Spain’s Supreme Court bringing questions before Europe on IRPH index

Last December 2017, the Supreme Court in Spain declared that material transparency control of the IRPH clause was not due as this was a legal index. The sentence, naturally, received harsh criticism and raised doubts about its compliance to the doctrine of the European Union regarding the control … [Read more...]

BANCO SABADELL must return almost 300,000 Euros including interest & costs to a British couple for a failed off-plan property development in La Campaneta, Orihuela.

This was ordered on 9th January 2018 by the First Instance Court Number 2 in Orihuela, Alicante, Spain. The responsibility derives from the legal obligations of the Bank according to Spanish Law, LEY 57/1968.  Banco CAM (now Banco SABADELL) accepted the buyers off-plan deposits into accounts … [Read more...]

Costaluz won 42 times against banks so far in 2017

CITY COURT BANK / INSURER PROMOTOR DEVELOPMENT ORIHUELA P1 SGR, BBVA, BANCO SABADELL HERRADA DEL TOLLO S.L. SANTA ANA DEL MONTE GRANADA P2 BANCO SABADELL RUDINA MIRADOR DE IZNALLOZ ELCHE P1 BBVA (CATALUNYA BANC SA) BRONCHO PROMOCIONES LA TERCIA … [Read more...]

Spain Supreme Court Decission on the importance of pre-contractual information for mortgage contracts in Spain

SENTENCE No. 643/2017 OF TS, ROOM 1, OF THE CIVIL, NOVEMBER 24, 2017 A recent Sentence which gives protection against abusive clauses to all mortgage debtors who subrogated developer’s mortgage contracts during the real estate boom. This is another sign of the magnificent work the Supreme … [Read more...]

Castellon Provincial Appeal Court in Spain reduces Banks rights due to use of small print

The 3rd Section of Castellon Provincial Appeal Court has recently limited the claim of a Bank by allowing it to claim only the principal of the debt (4,600 euros) but not the interest (766 euros) since it annuls the clause that sets the interest. This annulment is because the typeface in which it is … [Read more...]

Spain’s Supreme Court hits Banks harder than any other Court in Europe

Read the Spanish Supreme Court decision dated December 23, 2015 and you will reach the section where the largest number of abusive provisions in the banking sector across Europe was declared. This Judgment as having been issued in a proceeding in defense of the general interests of consumers has … [Read more...]

Corvera Golf & Country Club – Bankruptcy procedure

LEY 57/1968 – RESPONSIBILITY OF THE FINANCIAL INSTITUTION – BANK OR INSURER On 16 December, the Mercantile Court Number One of Murcia declared, at the request of creditors represented by the Costaluz Lawyers & DeCastro legal teams, the insolvency and administration of Corvera Golf & … [Read more...]

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