2 new favourable judgments have been handed down, which accepted the lawsuits filed by our clients that had been heard on 6.4.2016.

As in previous judgments in similar proceedings, the court acknowledged that the Bank deliberately caused the plaintiffs’ loss as it was endeavouring to re-balance its impaired capital adequacy. The Bank was ordered to pay the plaintiffs the entire amount requested, plus compensation for moral damages, and the judgment was declared enforceable on an interim basis for 35-40% of the amount requested.

We await judgment and the hearings for the remaining lawsuits being handled by our firm.

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