Posts tagged #price reduction

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Package Travel Directive: ECJ Preliminary Ruling Request

European Law 

A Polish court has submitted questions to the Court of Justice of the European Union concerning the interpretation of Articles 14 and 3(12) of Directive (EU) 2015/2302 relating to package travel. The referral seeks to clarify the specific circumstanc...

Austrian OGH on Price Reductions in Real Estate Purchases

Civil Law 

The Austrian Supreme Court (Oberster Gerichtshof, OGH) has ruled on a claim for price reduction in a real estate transaction. In the case at hand, the plaintiffs had been the purchasers of the defendants’ basement premises in a 1915 building for the ...

OGH on Serious Defects under Consumer Guarantees Act

Civil Law 

For the first time, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has ruled on when a defect under the new Consumer Guarantees Act (Verbrauchergewährleistungsgesetz, hereinafter VGG) directly entitles consumers to rescission of t...

Draft for new consumer warranty law presented

The Federal Ministry of Justice (Bundesministerium für Justiz) has submitted a draft for a new consumer warranty law for review. In the course of this, the general warranty law will also be adapted. The reform is the implementation of two European di...

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