A company turns to our firm to verify the legitimate application of the conditions applied to corporate current accounts by a bank.
The client was in fact a debtor of the bank for significant amounts.
After verifying with the help of an accountant the application of illegal conditions, we sued the bank in order to ascertain this illegal conduct and obtain compensation for damages suffered by the client.
During the trial, a technical advisor appointed by the Court confirmed the illicit application of usurious interest and the capitalization of interest expense on a quarterly basis.
In the light of these calculations, the client was no longer a debtor of the bank, but even a creditor.
Therefore, by the decision dated 27/05/2019, the Court of Viterbo ordered the Bank to compensate Euro 89,000.00 for damages to the client further reimbursment of legal costs.
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