Legislator Jurisprudence & Législation
ACOM/16/2007 • CJ GE ACOM/16/2007 Généré par l'IA

Statutory Maximum Interest Rate Controls Over Contract and Regulatory Rates

Numéro de cause ACOM/16/2007
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Rejeté (Dismissed)

Synthèse Legislator

Généré par l'IA

The dispute involved the proper calculation of late payment interest, where the governing statute prescribed a specific rate, but the contract stipulated a higher one, and the relevant administrative regulation established a lower, alternative rate structure based on the type of transaction. The court reasoned that the statutory interest rate controlled as the maximum permissible rate, and because the regulation provided a lower alternative rate that the parties had not agreed to, the statutory rate, which was higher than the contract rate, must be applied, upholding the contract rate only to the extent it did not exceed the statutory maximum, which in this case it did.

Regeste Legislator

Généré par l'IA

Art. 66 al. 1 LTF; Statutory Maximum Interest Rate Controls Over Contract and Regulatory Rates: The court reasoned that the statutory interest rate controlled as the maximum permissible rate, and because the regulation provided a lower alternative rate that the parties had not agreed to, the statutory rate, which was higher than the contract rate, must be applied, upholding the contract rate only to the extent it did not exceed the statutory maximum, which in this case it did.

Mots-clés

Généré par l'IA
taux d'intérêt prescription de contrôle trafic des paiements partie au contrat hypothèque légale intérêt moratoire contractuel

Dispositions légales citées

Généré par l'IA
Généré par l'IA

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

This article is cited in the dispositive to allocate procedural costs.

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