Author (Corporate) | European Court of Justice: Press and Information Division |
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Series Title | Press Release |
Series Details | No.144, 2016 (21.12.16) |
Publication Date | 21/12/2016 |
Content Type | News |
Spanish case-law placing a temporal limitation on the effects of the invalidity of 'floor clauses' included in mortgage loan contracts in Spain is incompatible with EU law. Such a limitation makes consumer protection incomplete and insufficient and is not an adequate and effective means for preventing the use of unfair terms. |
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Source Link | Link to Main Source http://curia.europa.eu/jcms/upload/docs/application/pdf/2016-12/cp160144en.pdf |
Subject Categories | Business and Industry, Law |
Countries / Regions | Europe, Spain |