OTP Bank and OTP Faktoring: ECJ 3 May 2018

Consumer Protection – Credit Agreements Denominated In A Foreign Currency – Opinion – Consumer protection – Unfair terms in consumer contracts – Credit agreements denominated in a foreign currency – Member State statutory measures passed to remedy unfair contractual terms – Article 4(2) of Directive 93/13/EEC and ‘plain intelligible language’ – Article 1(2) of Directive 93/13 and ‘mandatory statutory or regulatory provisions’ – Powers of Member State courts to assess contractual terms for unfairness of their own motion

Citations:

ECLI:EU:C:2018:303, [2018] EUECJ C-51/17 – O

Links:

Bailii

Jurisdiction:

European

Consumer

Updated: 14 April 2022; Ref: scu.609517