Grzesiek Wielgosz Piekarski
Legal Advisors and Attorneys

A judgement of Court of Justice of the European Union in franc (CHF) loans cases

A judgment of the Court of Justice of the European Union that passed on October 3, 2019 has a big value for the Swiss Franc Borrowers. The ruling issued in the case is extremely beneficial for people who have entered into loan agreements related to a foreign exchange rate, especially the Swiss franc. The judgment strengthens the position of claimants whose loan agreements  contain abusive clauses. Even though the judgment is binding the case in which the District Court in Warsaw referred questions to the Court of Justice of the European Union, it is also very important for other cases, as it indicates the correct way of interpreting EU regulations and, as a consequence, national regulations. The verdict opens the way to enforce claims against banks successfully.

Our experts, after analyzing your loan agreements, will present you specific possibilities of action in the cases.

 

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