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

Download PDF
Published in

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.

We use third-party cookies to enhance our services and show you advertising relating to your preferences by analysing your browsing habits. If you continue browsing, we consider that you accept their use. You can change the settings or obtain more information here.