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Banking law

Banking law particularly reflects the impact of European and national consumer protection rules.

In recent years, banking law has been subject to changes in legislation and the case law of the courts of justice, especially the Federal Court of Justice, like hardly any other area of ​​law that covers relationships between the commercial economy and consumers.

Typical questions in practice are those of:

  • the possibility of revoking loan contracts
  • the effectiveness of a guarantee given to the Bank e.g. between spouses
  • the Bank’s liability for advice on investments
  • the existence and extent of the Bank’s information and auditing obligations in the provisions of loans or the taking of guarantees or other collateral provided by third parties
  • the permissibility liquidation of land property or other assets, e.g. stocks of goods as bank- able security, the effectiveness of the securing assignment of receivables to the bank etc.

Whether from the point of view of the banks or the bank customers – the special development of the case law that is particularly characteristic of this area of ​​law requires constant observation.