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Right of withdrawal in consumer credit agreements: a mere cross-reference is not enough

08 April 2020

In 2012, a consumer entered into a credit agreement with the bank Kreissparkasse Saarlouis. The credit agreement granted the borrower a right of withdrawal of 14 days and furthermore stated that this period would only start after (i) the conclusion of the credit...

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Picture of Benoît Vandervelde
Benoît Vandervelde
Florence Berchem
Florence Berchem
Junior Associate