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High Court rules against Silverpoint- Supreme Court rulings take effect

The Supreme Court rulings are now affecting lower courts, as this latest case brought before the High Court No4 of Santa Cruz de Tenerife shows.

In this case which was presented in September 2014, against Resort Properties / Silverpoint on behalf of our German Clients, the High court invoked the latest rulings from the Supreme Court in order to make a decision.

The court accepted that this client was a consumer and not an investor therefore timeshare law applied. The contract also did not fulfill the minimum requirements of the timeshare law to protects our clients interests.

The High Court awarded the client the full purchase price including Legal Fees, the contract was also declared null and void. It is obvious the decisions of the highest court in Spain is now filtering down the system, with judges in the lower courts using them to the advantage of our clients.

We would like thank and congratulate our client for this trust and wish him all the best for the future. It is also well done to the entire legal team at CLA for the hard work put in to this and all cases.

February 15, 2017

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