| Judicare Succeed Again in the Spanish Courts |
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05th April 2012 Judicare succeed again in the Spanish courtsYet another successful sentence has been handed down by the Spanish courts in favour of clients who have employed the services of Judicare to recover deposits paid for a property investment. This recent claim continues to reinforce the belief that clients can confidently rely upon the judicial systems in Spain to uphold and enforce their rights when developers fail to deliver on contractual obligations. David Fernandez, Judicare’s legal Director comments “in all of the cases where we determine that breaches of the terms and conditions of purchase contracts (in particular for off-plan investments) are occurring, and in the absence of genuine reasons offered by developers concerning the same, we are pleased to see the continued successful reimbursement of monies to claimants. Whilst we recognise also that litigation can be a daunting prospect for investors, the continued positive results we are achieving on a daily and weekly basis further enhance our standing in relation to being well placed to address disputes” Mr Peacock expands on his experiences with Judicare; “Back in 2009 my wife and I decided to purchase an off-plan villa in Southern Spain. Having researched the market we proceeded to place a deposit on a villa in an area we were familiar with due to a family relative being quite close by. Everything seemed at first to progress and we were excited at the prospect of owning and spending time in Spain. However as time passed the build seemed to stall and we began to encounter problems and eventually became suspicious that relevant licenses might not be in place as had been indicated. After contacting Judicare they assessed the situation quickly and regrettably confirmed that the licenses were absent along with the legally required bank guarantee for our deposit. We proceeded to make a claim concerning the irregularities and were delighted to receive the positive news from Judicare that they had indeed succeeded in winning our case to have all of our original deposit plus interest and legal fees of almost €50,000 returned to us and we just wanted to express our gratitude and thanks to the whole legal team for all their hard work these past few years” Mr & Mrs. Peacock, January 2012 This particular case has added to the total amount of over 600,000€ of in-favour sentences awarded to clients of Judicare in the past two months in Spain alone. Should you wish to learn more about the services of Judicare or are encountering problems with your overseas property investment please contact one of the team for a confidential no-obligation case assessment.
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