A ruling by the Courts in San Roque nullifying foreclosure proceedings, issued last December, is pending ratification following the Courts’ bizarre decision -not based in law- to grant a new term for the bank to produce a correct document (subsequently appealed).
This earlier ruling demonstrates Landsbanki’s contempt for Spanish laws, whether procedural (failure to produce statutory documents) or substantive (flouting Inheritance Tax prohibitions).
Lawyers for the defendants expect a definitive ruling annulling these foreclosure proceedings to be issued in due course.
Attached Document: LandsbankiNullVoidness
Well done to the lawyers and congratulations to the victims. The net is tightening on this unscrupulous bank, thanks to the professionalism , dedication and attention to detail shown by Antonio Flores and his team at Lawbird Legal Services Marbella. I wonder how many other similar cases are in the courts waiting for the courts to rule on.
Sarah. You are certainly correct in saying the net is tightening. It is interesting to hear that that Icelandic court have just convicted and jailed three top Landsbanki bosses. In essence they took money out of the bank to buy a worthless bond in a last desperate attempt to prop up their own bank prices using your money. Having said this Mme Hanillius who has been appointed as administrator by the Luxembourg court still denies there was no wrong doing by the bank. In her desperate bid to gain some credence she is still embarking on an aggressive campaign to foreclose on the unfortunate victims of the crime, both in Spain and France. There seems to be no bounds where this despicable woman will not go to. Time and time again she has been vilified in the courts in France, but still she carries on.