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Europe Daily Bulletin No. 7694

8 April 2000
Contents Publication in full By article 25 / 46
GENERAL NEWS / (eu) court of justice
Court clarifies field of application of two European directives of interest to consumers

Luxembourg, 07/04/2000 (Agence Europe) - In its "Andreas Siepert" ruling, the Court of Justice declared that the Community directive on consumer credit did not cover the case of the termination of contracts of guarantee. Mr. Siepert gave a guarantee to the company Berliner Kindl Brauerei AG, to the value of DM 900,000, for the repayment of loans granted by the brewery to a third party for opening a restaurant (and in so doing was not acting in the course of his trade profession). In June...

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