{"id":12127,"date":"2014-10-23T20:21:38","date_gmt":"2014-10-23T18:21:38","guid":{"rendered":"https:\/\/www.in-diem.com\/abogados\/uncategorized\/floor-clause-annulment"},"modified":"2026-03-18T15:20:03","modified_gmt":"2026-03-18T14:20:03","slug":"floor-clause-annulment","status":"publish","type":"post","link":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment","title":{"rendered":"Floor clause annulment"},"content":{"rendered":"

The Supreme Court annuls eight floor clauses due to lack of transparency<\/strong><\/p>\n

As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the customers with whom it signed the mortgage loan agreements.<\/p>\n

The bank\u2019s argument that the deeds were read by the notaries and that customers were warned of the possibility of reading them is therefore rejected, since this does not replace the duty of explanation and transparency owed by institutions to users. The Chamber is unable to examine the consequences of the declaration of nullity of the floor clause when determining whether the amounts charged by the bank pursuant to that clause should be refunded to the consumer, since that issue was dismissed at first instance and was not appealed by the aggrieved party. <\/p>\n

In this regard, the Supreme Court finds that the floor clause does not pass this transparency test, as it did not form part of the negotiations and preliminary dealings, nor was it highlighted and differentiated in the contract or in the prior binding offer, as it was embedded in a much broader and more generic clause on the variable interest rate.<\/p>\n

IN DIEM Abogados, in relation to this new Supreme Court ruling, views this second judgment of our High Court very positively for the purpose of consolidating case-law doctrine, as it confirms the arguments put forward and reiterated in our claims against banking institutions, in which we demand accountability for the lack of transparency of mortgage clauses to the detriment of the interests of our clients and those we represent.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Supreme Court annuls eight floor clauses due to lack of transparency As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of… <\/p>\n

<\/div>\n

Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1194],"tags":[],"class_list":["post-12127","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nThe Supreme Court annuls eight floor clauses due to lack of transparency<\/title>\n<meta name=\"description\" content=\"As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Supreme Court annuls eight floor clauses due to lack of transparency\" \/>\n<meta property=\"og:description\" content=\"As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment\" \/>\n<meta property=\"og:site_name\" content=\"In-Diem Abogados\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/es-es.facebook.com\/indiemabogados\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-23T18:21:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-18T14:20:03+00:00\" \/>\n<meta name=\"author\" content=\"Administrador\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@indiemabogados\" \/>\n<meta name=\"twitter:site\" content=\"@indiemabogados\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Administrador\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment\"},\"author\":{\"name\":\"Administrador\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#\\\/schema\\\/person\\\/3521ffc9872b4f465cff441ffb9ca6ee\"},\"headline\":\"Floor clause annulment\",\"datePublished\":\"2014-10-23T18:21:38+00:00\",\"dateModified\":\"2026-03-18T14:20:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment\"},\"wordCount\":297,\"publisher\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment\",\"url\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment\",\"name\":\"The Supreme Court annuls eight floor clauses due to lack of transparency\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#website\"},\"datePublished\":\"2014-10-23T18:21:38+00:00\",\"dateModified\":\"2026-03-18T14:20:03+00:00\",\"description\":\"As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/news\\\/floor-clause-annulment#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/www.in-diem.com\\\/en\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Floor clause annulment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#website\",\"url\":\"https:\\\/\\\/www.in-diem.com\\\/en\",\"name\":\"In-Diem Abogados\",\"description\":\"Experiencia +\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.in-diem.com\\\/en?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#organization\",\"name\":\"In Diem Abogados\",\"url\":\"https:\\\/\\\/www.in-diem.com\\\/en\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.in-diem.com\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/copy-logo-in-diem-header.jpg\",\"contentUrl\":\"https:\\\/\\\/www.in-diem.com\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/copy-logo-in-diem-header.jpg\",\"width\":154,\"height\":50,\"caption\":\"In Diem Abogados\"},\"image\":{\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/es-es.facebook.com\\\/indiemabogados\\\/\",\"https:\\\/\\\/x.com\\\/indiemabogados\",\"https:\\\/\\\/es.linkedin.com\\\/company\\\/in-diem-abogados\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.in-diem.com\\\/en#\\\/schema\\\/person\\\/3521ffc9872b4f465cff441ffb9ca6ee\",\"name\":\"Administrador\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/24c5a72b6ee79e0656718c8a369708b642c570551acb89e3e3f5362fe9b763a1?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/24c5a72b6ee79e0656718c8a369708b642c570551acb89e3e3f5362fe9b763a1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/24c5a72b6ee79e0656718c8a369708b642c570551acb89e3e3f5362fe9b763a1?s=96&d=mm&r=g\",\"caption\":\"Administrador\"},\"url\":\"https:\\\/\\\/www.in-diem.com\\\/en\\\/abogados\\\/author\\\/agustin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Supreme Court annuls eight floor clauses due to lack of transparency","description":"As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment","og_locale":"en_US","og_type":"article","og_title":"The Supreme Court annuls eight floor clauses due to lack of transparency","og_description":"As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the","og_url":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment","og_site_name":"In-Diem Abogados","article_publisher":"https:\/\/es-es.facebook.com\/indiemabogados\/","article_published_time":"2014-10-23T18:21:38+00:00","article_modified_time":"2026-03-18T14:20:03+00:00","author":"Administrador","twitter_card":"summary_large_image","twitter_creator":"@indiemabogados","twitter_site":"@indiemabogados","twitter_misc":{"Written by":"Administrador","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment#article","isPartOf":{"@id":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment"},"author":{"name":"Administrador","@id":"https:\/\/www.in-diem.com\/en#\/schema\/person\/3521ffc9872b4f465cff441ffb9ca6ee"},"headline":"Floor clause annulment","datePublished":"2014-10-23T18:21:38+00:00","dateModified":"2026-03-18T14:20:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment"},"wordCount":297,"publisher":{"@id":"https:\/\/www.in-diem.com\/en#organization"},"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment","url":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment","name":"The Supreme Court annuls eight floor clauses due to lack of transparency","isPartOf":{"@id":"https:\/\/www.in-diem.com\/en#website"},"datePublished":"2014-10-23T18:21:38+00:00","dateModified":"2026-03-18T14:20:03+00:00","description":"As reported by the General Council of the Judiciary (CGPJ), the Supreme Court, by judgment dated September 8, 2014, published on October 23, 2014, annulled eight clauses of Caja Segovia (now Bankia), as the bank failed to comply with the specific duty of transparency it had in relation to these clauses with the","breadcrumb":{"@id":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.in-diem.com\/en\/abogados\/news\/floor-clause-annulment#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/www.in-diem.com\/en"},{"@type":"ListItem","position":2,"name":"Floor clause annulment"}]},{"@type":"WebSite","@id":"https:\/\/www.in-diem.com\/en#website","url":"https:\/\/www.in-diem.com\/en","name":"In-Diem Abogados","description":"Experiencia +","publisher":{"@id":"https:\/\/www.in-diem.com\/en#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.in-diem.com\/en?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.in-diem.com\/en#organization","name":"In Diem Abogados","url":"https:\/\/www.in-diem.com\/en","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.in-diem.com\/en#\/schema\/logo\/image\/","url":"https:\/\/www.in-diem.com\/wp-content\/uploads\/2014\/03\/copy-logo-in-diem-header.jpg","contentUrl":"https:\/\/www.in-diem.com\/wp-content\/uploads\/2014\/03\/copy-logo-in-diem-header.jpg","width":154,"height":50,"caption":"In Diem Abogados"},"image":{"@id":"https:\/\/www.in-diem.com\/en#\/schema\/logo\/image\/"},"sameAs":["https:\/\/es-es.facebook.com\/indiemabogados\/","https:\/\/x.com\/indiemabogados","https:\/\/es.linkedin.com\/company\/in-diem-abogados"]},{"@type":"Person","@id":"https:\/\/www.in-diem.com\/en#\/schema\/person\/3521ffc9872b4f465cff441ffb9ca6ee","name":"Administrador","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/24c5a72b6ee79e0656718c8a369708b642c570551acb89e3e3f5362fe9b763a1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/24c5a72b6ee79e0656718c8a369708b642c570551acb89e3e3f5362fe9b763a1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/24c5a72b6ee79e0656718c8a369708b642c570551acb89e3e3f5362fe9b763a1?s=96&d=mm&r=g","caption":"Administrador"},"url":"https:\/\/www.in-diem.com\/en\/abogados\/author\/agustin"}]}},"_links":{"self":[{"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/posts\/12127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/comments?post=12127"}],"version-history":[{"count":1,"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/posts\/12127\/revisions"}],"predecessor-version":[{"id":12218,"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/posts\/12127\/revisions\/12218"}],"wp:attachment":[{"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/media?parent=12127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/categories?post=12127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.in-diem.com\/en\/wp-json\/wp\/v2\/tags?post=12127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}