THE CONSENT VICE IN ADDENDUMS TO BANK CONSUMER CONTRACTS INFORCING THE DISPOSITIONS OF EMERGENCY ORDINANCE 50/2010

Raul Miron
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Raul Miron: Assistant, PhD. George Emil Palade University of Medicine, Pharmacy, Science and Technologies Tg. Mures, lawyer - Mures Bar, ROMANIA

Curentul Juridic, The Juridical Current, Le Courant Juridique, 2019, vol. 78, 66-74

Abstract: This paper aims to analyse the possibility to seek the judicial annulment of additional contracts to credit agreements concluded by bank institutions in order to comply with the Government Emergency Ordinance no. 50/2010. We shall demonstrate that contracts that were concluded by some bank institutions in Romania are invalid, as the consent of the customer was unlawfully obtained. For this, customers that have been wronged by bank institutions we shall argue that they can initiate judicial proceedings seeking the annulment of such additional contracts.

Keywords: Consent vice; Emergency Ordinance 50/2010; bank contracts; null clauses. (search for similar items in EconPapers)
JEL-codes: K12 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pmu:cjurid:v:78:y:2019:p:66-74

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