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The Spanish Lawyer Online
The Spanish Lawyer Online

Spanish Equity Release Fiasco

Exposing Danske Bank, Rothschild, Nykredit, Sydbank and Others


Posts Tagged ‘Peter Staarup’

Auction Freezing Order is Registered by Judge in Agreement with Prosecutor in Danske Bank Case

June 23rd, 2011

It’s a definitely difficult time for Danske Bank in Spain. The Judge has agreed that a property on which an Equity Release product was raised should be frozen on account of a criminal investigation into the activities of Danske Bank’s employees, inclusive of Peter Staarup, its CEO. The State Prosecutor has not opposed to the measure and thus, it will be lodged with the land registry with immediate effect.

Interestingly, the Judge also notifies this decision to the Economic Crime Prosecutor for an opinion on the matter.


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