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...After studying civil engineering in the Spanish capital he joined the family business in the early 1980s, when his uncle Leopoldo Calvo-Sotelo, a marquess, was the country’s second democratically elected...
...Mercedes Cabrera Calvo-Sotelo, a Complutense professor and former education minister, said such constitutional protection did not have the justification that it may have had at the time....
...Cremades & Calvo-Sotelo, a Spanish law firm representing about 2,000 of Banco Popular’s investors, welcomed Santander’s compensation scheme, but said that it would not be enough to prevent legal action against...
...less than two years in prison, the judges can suspend the jail term provided there are no previous convictions and that the civil penalty has been paid,” said Javier Cremades, chairman of Cremades & Calvo-Sotelo...
...Gloria Sotelo, a Paraguayan housewife, rose at 5am to watch television coverage. “I cried . . . I imagine there is a lot he can do for the poor, and there are a lot of us, everywhere,” she said....
...“While it is an exemplary and important trial, it is a long way from solving investors’ problems,” said Javier Cremades, senior partner of Cremades & Calvo Sotelo, a Spanish law firm that has worked with...
...Cremades & Calvo-Sotelo, a Spanish law firm representing hundreds of Madoff victims, on Tuesday stepped up the pressure, creating a global alliance of lawyers to co-ordinate the fight for compensation....
...Javier Cremades, senior partner of Cremades & Calvo-Sotelo, the Spanish law firm that announced the lawsuit on Tuesday, said the action related to clients who had invested in the funds through Miami....
...Cremades & Calvo-Sotelo, a law firm representing hundreds of victims of the Madoff scandal, described Santander’s offer as a “first step” and an “early victory” but criticised the lack of a cash offer....
...On Thursday, Cremades & Calvo-Sotelo, a Spanish law firm, said it had formed a group of 100 Spanish and Latin American clients affected by the scandal, which would seek negotiations with Santander over compensation...
...“No one has ever won a case against Santander in Spain,” said a lawyer at Cremades & Calvo-Sotelo, the Spanish law firm, describing the bank’s methods as “very smart”....
...“We believe this is the first global fraud affecting confidence between clients and financial institutions, the banks,” Javier Cremades of Cremades & Calvo-Sotelo told the Financial Times....
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