Alentta achieves a swap permute to ' Cambalache '

Alentta achieves a swap permute to ' Cambalache '

On January 20, 2016, a favorable award was issued to our client, a Spanish company, European leader in the depilation sector, which had initiated, at the beginning of 2015, an arbitral procedure before the arbitration Court of the Madrid Chamber of Commerce. , against a major financial institution requesting the nullity of a financial exchange for vice of consent. In this case, an arbitral Tribunal composed of three prestigious jurists, has resolved to estimate the lawsuit posed by Alentta Abogados, obtaining for our client not only that the financial derivative signed with the bank is resolved because of the Serious breach of its informative obligations, and consequently, the return of the settlements practiced, but also condemns the entity to indemnify the client for the damages that have been caused by the imperfection of the coverage Hired. This award guarantees the position defended by Alentta Abogados in this type of procedure, since the condition of commercial company of the contractor does not imply that it should be qualified as financial expert and, therefore, it is necessary to continue requiring the entities The fulfillment of the information obligations imposed by the regulations in force at the time of hiring.

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