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European Union – Consumer protection. The Court of Justice of the European Union made a preliminary ruling concerning art 7(1) of Council Directive (EEC) 93/13 (on unfair terms in consumer contracts). The request had been made in proceedings between Ms Baczo and another and the Raiffeisen Bank Zrt concerning an application for a declaration of invalidity of a mortgage loan contract and of the arbitration clause contained in that contract.
European Union – Consumer protection. The Court of Justice of the European Union made a preliminary ruling concerning art 7(1) of Council Directive (EEC) 93/13 (on unfair terms in consumer contracts). The request had been made in proceedings between Ms Baczo and another and the Raiffeisen Bank Zrt concerning an application for a declaration of invalidity of a mortgage loan contract and of the arbitration clause contained in that contract.
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