Extra courts to tackle bank loan floor-clause claims

Banks are putting up 'obstacles' to refunds, say consumer groups

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Floor clause (cláusula suela) victium protesting outside the Banco de España. Photo EFE

From today, June 1, every province in Spain has a First Instance Court specialising in litigation related to so-called floor clauses. The move comes as the Málaga branch of a bank users’ group denounced the province’s lenders for putting “obstacles and irregularities” in the paths of home owners attempting to claim refunds.

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