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Consumer Credit

03 May 2012
Issue: 7512 / Categories: Case law , Law digest , In Court
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Perenicova and another v SOS financ spol. s.r.o.: C-453/10, [2012] All ER (D) 99 (Apr)

National courts which had found that terms of a contract had been unfair, had been required under Art 6(1) of Council Directive (EEC) 93/13, first, to draw all the consequences that followed under national law, so that the consumer had not been bound by those terms, and second, to assess whether the contract in question could have continued to exist without those unfair terms. The objective pursued by the EU legislation in connection with Directive 93/13 consisted in restoring the balance between the parties while in principle preserving the validity of the contract as a whole, not in abolishing all contracts containing unfair terms.

As regarded the criteria for assessing whether a contract could have continued to exist without the unfair terms, Art 6(1) of Directive 93/13 and the requirements concerning the legal certainty of economic activities, pleaded in favour of an objective approach in interpreting that provision. It followed that the situation of one of the parties to the contract, in

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MOVERS & SHAKERS

Pillsbury—Lord Garnier KC

Pillsbury—Lord Garnier KC

Appointment of former Solicitor General bolsters corporate investigations and white collar practice

Hall & Wilcox—Nigel Clark

Hall & Wilcox—Nigel Clark

Firm strengthens international strategy with hire of global relations consultant

Slater Heelis—Sylviane Kokouendo & Shazia Ashraf

Slater Heelis—Sylviane Kokouendo & Shazia Ashraf

Partner and associate join employment practice

NEWS
The government’s plan to introduce a Single Professional Services Supervisor could erode vital legal-sector expertise, warns Mark Evans, president of the Law Society of England and Wales, in NLJ this week
Writing in NLJ this week, Jonathan Fisher KC of Red Lion Chambers argues that the ‘failure to prevent’ model of corporate criminal responsibility—covering bribery, tax evasion, and fraud—should be embraced, not resisted
Professor Graham Zellick KC argues in NLJ this week that, despite Buckingham Palace’s statement stripping Andrew Mountbatten Windsor of his styles, titles and honours, he remains legally a duke
Writing in NLJ this week, Sophie Ashcroft and Miranda Joseph of Stevens & Bolton dissect the Privy Council’s landmark ruling in Jardine Strategic Ltd v Oasis Investments II Master Fund Ltd (No 2), which abolishes the long-standing 'shareholder rule'
In NLJ this week, Sailesh Mehta and Theo Burges of Red Lion Chambers examine the government’s first-ever 'Afghan leak' super-injunction—used to block reporting of data exposing Afghans who aided UK forces and over 100 British officials. Unlike celebrity privacy cases, this injunction centred on national security. Its use, the authors argue, signals the rise of a vast new body of national security law spanning civil, criminal, and media domains
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