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Mostrando entradas de junio, 2011
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NEW RULING SENTENCING BANKS TO PROVIDE INDIVIDUAL GUARANTEES TO PURCHASERS UNDER THE PROVISIONS OF A GENERIC GUARANTEE
New ruling from a Spanish Magistrates' Court (Burgos) sentencing Banks to provide to the purchaser an Individual Bank Guarantee under the provisions of a Generic Guarantee. The Court understands that the lack of payment of the deposits into the "special account" and the expiration date of the generic guarantee are clauses not enforceable against the purchasers, as long as they were not involved in the negotiation and their rights can't be waived (art 7, 57/68 Act) .
NUEVA SENTENCIA CONDENADO A LOS BANCOS A ENTREGAR AVALES INDIVIDUALES A LOS COMPRADORES EN VIRTUD DE UNA PÓLIZA DE AFIANZAMIENTO SUSCRITA CON EL PROMOTOR.
Nueva sentencia del la Audiencia Provincial de Burgos condenando al Banco a entregar al comprador un aval individual en virtud de la póliza de afianzamiento suscrita con el promotor. El Tribunal entiende que la falta de ingreso de la canti…