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martes, 3 de mayo de 2011

FOR FIRST TIME, CLASS APPEAL CLAIMING AGAINST TERRAZAS DE LA TORRE CONTRACTS' NULLITY TO BE CONSIDERED BY THE SPANISH HIGH COURT

After a long road, and joining their forces, a group of Terrazas de la Torre's purchasers, represented by GM LEGAL EXPERTS,  have taken the contracts' nullity case away from Murcia Magistrates' Court and their appeal is going to be considered by the Spanish High Court in Madrid. This is a big achievement, because to reach the High Court isn't easy: the amount claimed must be superior to € 150,000 and amounts from different petitioners can't be summed unless the cause of the action (I mean, the main grounds of the case) is iqual or similar for all of them. 

From the very begining GM LEGAL EXPERTS prepared the case being focussed on the High Court appeal, as long as the precedents from Murcia Magistrates' Court were just supportive with Polaris (against the criteria of most of the Magistrates' Court for similar cases). And we are now proud to say that our clients have a real chance to get their deposits back.

If the High Court (Tribunal Supremo) accepts the class appeal, the sentence from the Murcia Mafistrates' Court which confirmed the legallity of the Polaris' contracts will be overturned, and a new ruling will be issued confirming the contracts' nullity and sentencing Polaris to refund deposits plus legal interest to those purchasers. The buyers not only will be entitled to execute the new ruling against Polaris, but also to enforce their Bank Guarantees.

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