Extra courts to tackle bank loan floor-clause claims

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

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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