Current developments in European Shopper Regulation: “Significantly unfavourable” penalties of unfairness and renegotiation – Nexus Vista

On 12 October, the CJEU selected a barely odd however in its method difficult case coming from Lithuania – Luminor (C-645/22).  On this case, the buyer had objected to the rate of interest clause in a international forex mortgage. The clause had been held unfair by the Lithuanian Supreme Court docket after some preliminary reticence … Read more