Type: Judgment

Authority: European Authorities: Euopean Union' Court of Justice

Date: 09/03/2015

Subject: According to the Court, a natural person who practises as a lawyer and concludes a credit agreement with a bank, in which the purpose of the credit is not specified, may be regarded as a ‘consumer’ within the meaning of Directive 93/13/EEC on unfair terms in consumer contracts provision, where that agreement is not linked to that lawyer’s profession. The fact that the debt arising out of the same contract is secured by a mortgage taken out by that person in his capacity as representative of his law firm and involving goods intended for the exercise of that person’s profession, such as a building belonging to that firm, is not relevant in that regard

Parties: Ovidiu Costea

Classification: Solidarity - Art. 38 Consumer protection

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