Our customer bought a property in Royal Suites (Marbella), but just got a copy of one individual bank guarantee issued by Caja Granada. Given that property wasn't built on expected date, our customer reported to builder (Irish Developments) that he wanted his money back, but builder just refused it.
Our client took the decision to sue Caja Granada for the deposit' payment. Although Caja Granada challenge the payment (contract wasn't cancelled, payment not made into the special account etc), Madrid First Instance Court and Appeal Court have sentenced BMN to meet deposit payment, plus legal interest and legal cost.
Judgement is already definitive, so our customer might get money very shortly.