GRANTING A POWER OF ATTORNEY IN SPAIN

GRANTING A POWER OF ATTORNEY IN SPAIN

WHAT IS A POWER OF ATTORNEY? A Power of Attorney is known as ‘Escritura de Poder,’ or ‘Poder Notarial’ in Spanish. A Power of Attorney is a legal document or written authorisation that must be signed in front of a Notary by which you empower an experienced and...

EURIBOR vs IRPH INDEX – MORTGAGE CLAIMS

EURIBOR vs IRPH INDEX – MORTGAGE CLAIMS

European Court of Justice (ECJ) in his judgement of 3rd March 2020 said that consumers affected by IRPH index (Índice de Referencia de Préstamos Hipotecarios), which is an index reference for mortgage loans, can claim against Spanish banks. As happened with FLOOR...

HOW TO SEIZE FOR DOWNTURN – RECESSION 2020?

HOW TO SEIZE FOR DOWNTURN – RECESSION 2020?

Fears are growing about a Global Recession 2020.  Coronavirus crisis could be the final push for the Economic Downturn of 2020. WHAT RECESSION MEANS? A downturn is a deceleration of the economy that leads to a reduction in spending and, consequently, a demand...

CORONAVIRUS IN SPAIN

CORONAVIRUS IN SPAIN

CORONAVIRUS IN SPAIN. REUTERS SOLICITORS. Although Spain has been lockdown, Reuters Solicitors is working to assist and give support to clients. Reuters solicitors keep working for its clients and new clients. Reuters solicitor´s team is working at home in order to...

REVOLVING CREDIT CARD IN SPAIN – ABUSIVE CLAUSES

REVOLVING CREDIT CARD IN SPAIN – ABUSIVE CLAUSES

Our High Court in its Sentence number 149/2020, 4th March, has determined that the interest paid in REVOLVING CREDIT CARD is usurious. The Plenary Session 1st of the Spanish Supreme Court has dismissed “Casación” Appeal  brought by a Wizink Bank against a...

NIE certificates

NIE certificates

This guide explains what a NIE number is, the NIE application process and what you need to get your NIE number in Spain. NIE number is the personal and unique tax identification number that is used to track all financial and legal activities in Spain. So, the Spanish...

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