The hearing held today in the Court number 60 of Madrid showed that all parties represented in this process want the electoral process is resumed and Caja Madrid to lift the precautionary measure of suspension decided by the judge last Immaculate Cows October 2. The union CCOO union Madrid and its application for depositors did not object during the public hearing at the request of Caja Madrid, the Madrid City Council and the Chamber of Commerce to that effect, giving free rein so that the judge may, within approximately five days, revoke the order in which he made frozen the election of office upon the request of the Consistory of the capital.
Following the agreement within the PP to chair the entity Rodrigo Rato and the City has submitted the withdrawal of their rights in the case – although the judge has not admitted it yet -, today’s hearing was intended to hear the parties about the opportunity to continue or not with the electoral process.
At the hearing, however, the two lawyers of CCOO, one on the candidacy of depositors and other union as the union representative body, stressed that the failure to oppose the lifting of the injunction to suspend process does not mean to renounce the merits of the case regarding the constitutionality of the Law on Banks autonomic.
CCOO thus maintains the arguments expressed in the merits of the appeal submitted by the Madrid City Council, which argues an issue of unconstitutionality against the law, for breach of the Act Governing Bodies of Savings Banks (LORCA) as to what set by this that if the founding entity waiver to nominate their representatives to the institution’s general assembly, shall be distributed proportionately among all sectors that form and not excluding certain sectors.
The hearing began with the statement by any entity, supported by the Madrid Assembly and the Chamber of Commerce, in a previous matter of procedure by which requested that no action be left to representatives of Workers’ Commissions, for failure identified as having requested or sought in its application to suspend the electoral process.
This issue was rejected by the judge, already previously admitted in a car the merits of the intervention of Workers’ Commissions, which was not appealed by either party. The union attorney was actually surprised by the “belligerence” of his colleagues against his position in this view, but agreed with the rise of the precautionary measures while still maintaining the underlying arguments about the allocation of directors Royal House is a “disturbing” the number of councils.
“The use of royal patronage affect the depositors and also the representative bodies and it is true that the union out of the new allocation favored because decreases the weight of the union,” said the lawyer of Workers’ Commissions.
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