The Court of Justice of the European Union (CJEU) laid down a watershed ruling on December 7, 2022, in preliminary ruling case C-566/21. This significant judgment clarified the bounds of protection granted under Directive 93/13/EEC, expressing that consumer protection should not be manipulated into a tool for acquiring economic gains or disrupting contractual equilibrium. Understanding the Directive 93/13/EEC The interpretation […]
Tag Archives: unfair terms
The Decision of the European Court of Justice Regarding Unfair Terms
On the 17th of July 2014, The European Court of Justice (ECJ) decided that the national law must provide debtors the right to appeal decisions of first instance court rejecting the opposition to enforcement, whenever there is a possibility that credit agreements contain unfair terms. The ECJ was asked to rule on the application of 93/13/EEC Directive on unfair terms […]