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Posts tagged #withdrawl

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GER: Contractual Penalties after Withdrawal from Contract

Civil Law 

A customer’s withdrawal from a property development contract generally does not preclude a claim against the property developer for payment of a previously agreed-upon contractual penalty. This has recently been decided by the German Federal Court of...

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OGH: Withdrawal from Distance Purchases

Civil Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has clarified when the right of withdrawal under Section 11f of the Austrian Distance Selling and Foreign Trade Act (Fernabsatz- und Auswärtsgeschäftegesetz, hereinafter FAGG) is cons...

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