ECJ Asked To Clarify Romanian Consumer Contract Disputes
Law360, London (February 11, 2019, 3:40 PM GMT) -- A Romanian court has asked the European Court of Justice to clarify what legal recourse is available for disputes involving allegations of unfair terms in consumer contracts, as it considers separate cases involving subsidiaries of French bank Societe Generale and Austrian lender Raiffeisen Bank.
The Tribunal Specializat Mures, in the Romanian city of Targu Mures, has requested a preliminary ruling from the EU’s highest court on whether the 1993 European Union directive on consumer contracts permits an individual to bring “ordinary legal action,” which has no limitation period, as well as legal action of a “personal and pecuniary nature,” which can...
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