According to the accounting of IRPH rulings that Asufin is publishing on its website, since the European Court of Justice (TJUE) ruled on IRPH, there have been 28 court decisions in favor of those affected and only 16 that favored the interests of the banks.
However, these days the Provincial Court of Toledo has taken a further step that provokes a radical turn in the judicial war between banks and citizens that has been unleashed in the Spanish courts. The judges of the 1st Section have decided to dismiss the appeal presented by the bank and confirmed the nullity of the clause leaving, and this is the novelty, the free loan, without remuneration. This decision is revolutionary since it is the first time that a ruling in favor of an affected person of IRPH has been successful in the second instance, considering that the loan can survive for free, without accruing any interest in favor of the creditor entity.
Furthermore, the judgment of the Provincial Court is important because it is governed by the legal foundations of what the TJUE determined with respect to the transparency and abuse of IRPH. Read more
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