Commerzbank: legal dispute over a 50-year-old savings account
Since 1959, higher than 100,000 to a savings account at Dresdner Bank. When the son of the investor the lost passbook rediscovered, he wanted to withdraw his money. But Commerzbank denied the authenticity of the passbook. The heir was legally in court.
1959 paid a man 106,025.08 cycling apparel marker to a savings account at Dresdner Bank in Solingen. A considerable sum for those days. The money was meant for his son, who was born shortly before.
-Lost passbook
There was only one problem. The
son knew nothing about the existence of a savings book, and after his
father died, his mother inherited the whole property and did not seem
what they had before him. Only after her death, the savings book emerged from the economic boom years in a drawer again.
Commerzbank denied authenticity and legitimacy of the signatures
As
the lucky recipient would redeem the savings bonds, Dresdner Bank
denied the authenticity of the document, although the document bore the
stamp of the bank and the signature of two employees. Also lay before the deposit slip.
The inheritance went to court and cycling clothing could prove the authenticity of the document. Dresdner Bank had now merged with Commerzbank and this went to appeal. The employee whose signature is on the passbook was had not been authorized to sign. The
applicant's lawyer Werner Otto Haas & Haas of the firm called in
casting the behavior of the bank told the Financial Times Germany as
"quite disgraceful".
Applicant gets right-bank does not go in appeal
The saw probably the Higher Regional Court of Frankfurt so and gave the plaintiffs. The bank would have to appeal, but apparently abandoned it. The review period has now expired.