As we have commented in a subsequent article, in the Supreme Court ruling of May 9, 2013, the nullity of the floor clauses was declared in cases of lack of transparency. Subsequently, the defendant banks requested clarification…
In this article we are going to study what the floor clauses consist of and the most important aspects of the famous ruling of the Supreme Court of May 9, 2013. What is the floor clause? The commonly called “floor clause”…
The Civil Chamber of the Supreme Court has annulled eight clauses of Caja Segovia (today integrated into Bankia) because the entity failed to comply with the special duty of transparency that it had with respect to these clauses with the clients with whom it signed the loan contracts...
The legal guru, Richard Susskind, announces a future in which the legal sector must lose its fear of using new technologies and deepen the standardization of some services. «In the next ten years, the…
The commission of crimes is not only a matter for natural persons; legal persons or companies may also have to answer for their actions before the criminal jurisdiction. There are more than 20 crimes for which a company…
Thus, he has assured that the reason is that until now the "literal interpretation of the grammaticality" of the contracts was followed, but that as a consequence of the emergence of "complex" financial products such as floor clauses, participations...
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