Breakthrough Ruling Against Developer Peñarroya

May 22nd, 2009

Lawbird Legal Services has obtained another successful final ruling litigating on behalf of 20 British and Irish clients in a class action law suit against renowned Marbella developer Peñarroya.

All clients had purchased off-plan units on the well-known development La Reserva de Marbella in Elviria, Marbella East. Málaga’s First Court number one in its ruling of 2008 had sentenced Peñarroya to refund its 20 clients their full deposits. Peñarroya appealed through their lawyers this first ruling which then went on to be heard at Málaga’s High Appeal Court.

The Appeal Court has now confirmed the first ruling sentencing Peñarroya to pay for the full legal fees of the plaintiffs plus the accrued legal interests on their deposits besides of course refunding their deposits in full.

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