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Blog: Antonio Flores’ Blog
May-13, 2013, (0 Comments)
The Spanish Supreme Court has ruled that floor clauses can be deemed void where the bank failed to advise customers with clarity and transparency, establishing conversely that would be licit where borrowers were fully and adequately informed.
The high court analysed the clauses used by ... - Read More
Blog: Antonio Flores’ Blog
May-09, 2013, (0 Comments)
Newspaper ABC has exposed a worrying trend: since 2007 110% more of eligible heirs to Spanish inheritance have renounced to their portion of the estate because there is more debt than equity to inherit.
According to the Notarial Council General, it's a shame that so many people take the... - Read More
Blog: Antonio Flores’ Blog
May-05, 2013, (0 Comments)
http://youtu.be/VCy5cEZb_Z8
In this video blog I talk about bank guarantees and the responsibility of financial entities that consented property developers use their bank accounts to collect deposits, without ensuring that those deposits were guaranteed. In this instance, the bank appli... - Read More