| Author (Corporate) | European Court of Justice: Press and Information Division |
|---|---|
| Series Title | Press Release |
| Series Details | No. 39, 2014 (27.3.14) |
| Publication Date | 27/03/2014 |
| Content Type | News |
|
The Court clarifies the conditions under which application of the forfeiture of entitlement to contractual interest is, as a penalty for a creditor’s breach of its pre-contractual obligation to assess a borrower’s creditworthiness, compatible with EU law. |
|
| Source Link | Link to Main Source http://curia.europa.eu/jcms/upload/docs/application/pdf/2014-03/cp140039en.pdf |
| Subject Categories | Business and Industry, Law |
| Countries / Regions | Europe, France |
