Article

Can the power to terminate a contract established in Article 1124 of the Civil Code be applied to a loan?

10/08/2018
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Published in elEconomista.es

In its judgement of 11 July, the Supreme Court established a legal precedent regarding the possibility of setting up a consensual rather than real loan agreement, allowing for the termination of a contract, as stated in Article 1124 of the Civil Code, in cases where the loan agreement possesses the characteristics of a reciprocal contract.

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