Posts tagged #credit institution

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General Terms and Conditions of a Credit Institution (Part 4)

Civil Law 

On April 2, 2026, the USANCEN newsletter published the first section of an Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) ruling concerning the applicability of certain clauses to professional practice. This week, USANCEN will examine...

General Terms and Conditions of a Credit Institution (Part 3)

Civil Law 

The 2 April 2026 issue of the USANCEN Newsletter featured the initial segment of a clause decision from the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH). In this edition, USANCEN will examine the subsequent two clauses. Clause 3: "A...

General Terms and Conditions of a Credit Institution (Part 2)

Civil Law 

The prior issue of the USANCEN Newsletter featured the first part of a ruling by the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH), which holds significant practical importance for specific contractual provisions. In this week’s issu...

Credit Institution General Terms & Conditions (Part 1)

Civil Law 

The Austrian Chamber of Labour filed a challenge against a credit institution concerning eight clauses contained within its General Terms and Conditions. USANCEN will evaluate these clauses clauses, beginning with the following two: Clause 1: “Intere...

Deposit Protection: OGH Asks ECJ for Preliminary Ruling

Banking Law 

Does the Deposit Protection Directive (2014/49/EU) mean that deposits held by a housing association structured as a limited liability company (GmbH), which come from the sale of an apartment by the association to a private individual, should be consi...

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