Yes, the bank can do that. Generally speaking, mortgage-loan contracts for individuals signed with bank entities include the faculty for the bank being able to choose any of the debtor’s assets, present or future, at the time they recover the debt. Therefore, the bank can...
The Court for Mercantile litigations in the Spanish city of Leon forces bank Caja España-Duero to eliminate the widely extended clause that sets a limit to the decrease of variable interest rate in its mortgages. The Court has ordered Caja España-Duero to eliminate the so called...
On judicial cases dealt on first or unique court’s Instance, the court, when dictating a sentence or when solving the recourses or incidents therein promoted, will impose the legal costs to the party that has seen all its pretensions rejected, unless the court considers...
Contenido extractado de la Obra «Derecho penal e Internet». (Javier Gustavo Fernández Teruelo. Lex Nova, 1.ª edición, octubre 2011). La Ley Orgánica 5/2010 de reforma del Código Penal introdujo en nuestra legislación el delito de acceso ilícito a sistemas informáticos ajenos, también conocido como «intrusismo informático»....
Ups!, there is only a Spanish version up until now (you can change language at the top-right of the screen)...
Yes you can. According to recent succesive reforms in the Spanish Penal law a thief’s use of legitimate keys lost by the proprietor or obtained by means that constitute penal infraction as well as the use of false keys, constitutes an aggravated theft (robo) and...
You are on the top of the hill…still enjoying your recent slice shot on 18th hole. You are sure it was your cutest banana ball and you told others it was intentional when the ball landed on the green. And now you see a rewarding view of...
The Spanish Cabinet, in an effort to conclude some of the reforms in the Legal system before elections take place in November has now approved an extra-speedy legal procedure to legally evict non paying lesees so that in the event that the lesees do not...
1.- What are the requisites for the real estate deliveries to qualify for the super-reduced 4% rate instead of 8% according to Real Decreto-ley 9/2011? An entrepreneur or professional must deliver the house. If that is not the case, the applicable tax will be Transfer Tax,...
From December 3rd, 2010 as a general rule for any kind of companies the following operations shall be exempt of tax (such tax was formerly a 1% of the operation’s value): 1) Formation of companies 2) Increase of company’s capital 3) Contribution from shareholders not resulting in increase...
