We enumerate the daily legal issues and issues raised, which have taken a great deal of discussion and contradictory legal studies, especially in the field of offers, actual deposits, lawsuits against banks, and resorting to urgent matters.
Our office is the legal agent for one of the private banks, and as a result, dozens of lawsuits were filed against the bank, and various cases were referred to us.
Recently, as a result of the economic crisis in Lebanon, banks have taken banking measures and adhered to the circulars of the Central Bank of Lebanon, which led to the imposition of restrictions on cash withdrawals, whether in dollars or the national currency, also on international transfer, and the use of bank cards to a large extent stopped, which led to hundreds of depositors filing lawsuits against the banks.
Most of them focused on repaying debts contracted in US dollars in the national currency instead of the contract currency, and a legal dispute arose over the exchange rate to be adopted.
Hundreds of depositors filed lawsuits before the Urgent Matters Court under the “principle of infringement of individual rights and property”, asking it to oblige banks to transfer the balance of their accounts outside Lebanon, or to hand them over the balance of their accounts in cash.
The repayment of the debt by means of bank checks constituted an additional legal obstacle as a result of the banks not accepting the deposit of bank checks.
We succeeded in responding to many of the cases brought against the bank in the form before discussing them in the first place.
Bankruptcy lawsuits have taken a large part of our legal work, and we have many cases in this field, including those who declared bankruptcy, and others that were settled amicably after obligating the debtor to pay the debt.
