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Posts tagged #gross disadvantage

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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...

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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...

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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...

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