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Posts tagged #credit

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HG Wien: Online credit and liability for children

Civil Law 

The Vienna Commercial Court (Handelsgericht Wien, HG Wien) examined the question of the expiry of credits and the liability of parents for the online behaviour of their children on the online platform "PlayStation Network", to be necessarily used by ...

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OGH: Transparency requirement of § 6 (3) KSchG for foreign currency loans

Civil Law 

The transparency requirement of Section 6 para 3 Consumer Protection Act (Konsumentenschutzgesetz, KSchG) was the undoing of the defendant bank with regard to a loan agreement. After a comprehensive interpretation of the contract documents, the Supre...

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