Brussels, 17/10/2014 (Agence Europe) - If a national court determines that a contract contains unfair terms, such as an excessively high rate of interest on arrears, it should remove them in order to protect the consumer and not seek to amend them, stated Advocate General Nils Wahl before the Court of Justice of the EU on Thursday 16 October with regard to a number of joined cases (C-482/13, C-484/13, C-485/13 and C-487/13) involving two Spanish banks.
In a case being heard by a court in...