Hundreds of those affected by AIFOS recover their money regardless of the bankruptcy.
November 16, 2020 Just a month before the prescription for new claims, 220 creditors have recovered eleven million euros outside the bankruptcy of the Developer. Thousands of families took advantage of the low prices of AIFOS and the location of its buildings, which were widely publicized at the time with magazines, concerts and real estate […]
Aifos´s Bankruptcy after eleven years. New hope for buyers.
July 22, 2020 Eleven years ago (the Writ of declaration of insolvency is of July 23, 2009) the commercial court n. 1 of Malaga declared the one that supposes the largest creditors’ contest in the history of Andalusia leaving 5,000 families without money and without living place, but there is still hope. The […]
Aifos. High Court extends responsibility to two banks.
June 1st. 2020 The Provincial Court of Malaga estimates the appeal of the buyers and extends the responsibility for the return of the amounts advanced to AIFOS to two banks. The Court of First Instance sentenced in its day the entity that was responsible for the return of the 70,000.00 euros advanced by a British […]
The Provincial Court of Malaga begins to notify sentences during confinement and condemns a bank to compensate an AIFOS victim.
April 20, 2020 The judgment, dated March 5, has been notified today, thus demonstrating the partial reactivation of Justice, and dismisses the appeal of the financial entity. A British family receives, in full confinement, the sentence that dismisses the bank’s appeal against the one issued in the first instance, and that condemned it to reimburse […]
High Court in Málaga fails against two banks as they should know that AIFOS was selling apartments off plan.
February 21, 2020 In a ruling dated December 2018 but notified yesterday, the Provincial Court dismissed the resources of the entities that alleged to ignore the AIFOS business. Thus, it condemns to return the sum of 71,000.00 euros to two Britons who had acquired an apartment from AIFOS for residential use, mostly paid for bills […]
Court in Málaga orders to refund 68.000 euros paid for an unbuilt apartment in La Alcaidesa (Cádiz)
February 12, 2020 The judgment considers that the buyer, resident in the Basque Country, bought for his holiday use and that promoter and Bank concluded a guarantee. The Court of First Instance No. 12 in Malaga resolves in favor of the buyer who throughout 2004, and in several payments, advanced more than 68,000 euros with […]
The Supreme Court clarifies when they prescribe claims such as those affected by unbuilt apartments.
February 2nd. 2020 In the context of a judicial error process, the Supreme Court explains how they prescribe personal actions such as those derived from Law 57/1968 of anticipated amounts for housing construction. Sometimes the conclusions of the Supreme Court affect other matters of a different theme, by connection. In this case, the clarification that […]
