Consequences of the CJEU Ruling of 3 October 2019 on Swiss Franc Mortgage Loans for Polish Borrowers

• Authors: Wilk Anna
• Languages of publication: EN

Abstracts

EN

The article discusses the effects of the recent ruling of the Court of Justice of the European Union (the CJEU), regarding the impact of abusive contractual provisions included in the foreign currency loan contracts on the legal effectiveness of the entire contract. The position of the CJEU may trigger the necessity to modify and unify the previous sentencing guidelines. Moreover, it may become necessary to revoke some final judgements in cases of individual borrowers that have been issued so far. The author analyses the direction the case law will take after the CJEU’s ruling and its impact on cases which have already been closed.

Keywords

EN

foreign currency loan; credit recipient; consumer; borrower; ruling

• Publisher: Wyższa Szkoła Finansów i Prawa w Bielsku-Białej
• Journal: Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
• Year: 2019
• Issue: 4
• Pages: 57-60

Dates

published

2019-12-30

Contributors

author

Wilk Anna

• Department of Law and Social Sciences, Bielsko-Biala School of Finance and Law Tańskiego 5; 43-382 Bielsko-Biała - Poland

References

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