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...]

Spain’s Supreme Court hesitation before Banks

The Supreme Court has ruled that client should face the Stamp Duty Tax (AJD) related to the mortgage. In the informative notification issued in advance of the Sentence, the Supreme Court establishes that several situations must be distinguished on this tax: a) Tax related to constitution of … [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 rules against banks in subrogated mortgages and floor clauses

On November 27, Chamber One, Civil, of the Spanish Supreme Court has upheld the appeal filed against the ruling of the Provincial Court of Seville that dismissed the claim filed by a consumer who was claiming the nullity of the ground clause of the developer loan which he had subrogated. The … [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...]

Brexit and Settled Status in Spain

Is there anything clear on status of expats after Brexit? The negotiators of the European Union and the UK government set out a jointly report that will be part of the Withdrawal Agreement in full detail. This was published on the TF50 website on the 8th of December 2017. Access to the document … [Read more...]

Second sales of properties and hidden defects in Spain

Second sales of properties and hidden defects: legal actions When the buyer can not avail himself of the usual, normal and ordinary profits of the acquired thing, he may exercise the action derived from the hidden defects or redhibitory vices, which refer to the vices, imperfections or defects … [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...]

New case won: SABADELL SOLBANK must return almost 500,000 Euros to buyers at the Cala Romántica development in Mallorca for a failed off plan property development.

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 Law 57/1968.   This is a new … [Read more...]

45 Cases Won against Banks in 2017

  1525/2014 ORIHUELA P1 SGR, BBVA, BANCO SABADELL HERRADA DEL TOLLO S.L. SANTA ANA DEL MONTE 1227/2015 GRANADA P2 BANCO SABADELL RUDINA MIRADOR DE IZNALLOZ 1486/2016 ELCHE P1 BBVA (CATALUNYA BANC SA) BRONCHO PROMOCIONES LA TERCIA … [Read more...]

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