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Lidstaat België
Titel The Naranjo and Demba judgements: further guidance by the European Court of Justice about the consequences of prize mechanism clauses in credit contracts.
nl_Subtitle
Vorm Article
URL
nl_Author CAMBIE, P.
nl_Reference Bank- en Financieel Recht 2019/11, 112-129 (Larcier).
nl_Publication Year 2019
Trefwoorden prize mechanism clauses , credit contracts , transparency obligation , Unfair Contract Terms

Unfair Contract Terms Directive, Article 5 Unfair Contract Terms Directive, Article 5

De arresten Gutierrez Naranjo en Demba: verdere duiding door het Europese Hof omtrent de gevolgen van oneerlijke bodemrentebedingen en vertragingsrentebedingen in leningsovereenkomsten.

The author provides an in-depth analysis of the judgements of the ECJ and consequently focuses on the impact of the transparency obligation on clauses in credit contracts. The analysis is further illustrated with examples from the Belgian financial sector and indicates how the Belgian law provisions implementing the Unfair Contract Terms Directive should be applied in practice.

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