JURITEXT000006954348 Généré par l'IA

Seller's Right to Judicial Rescission Upon Installment Default

Numéro de cause JURITEXT000006954348

Autorité / Tribunal Cour de cassation

Juridiction

France (FR)

Date de la décision 1960-03-25

Issue du litige Rejeté (Dismissed)

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Synthèse Legislator

Généré par l'IA

A plaintiff, having sold an item under an installment sale contract, sought to rescind the contract and recover the object after the buyer defaulted on payments, but the trial court dismissed the action on the grounds that the installment contract implicitly waived the seller's right to reclaim the item, an interpretation the high court overturned, holding that in the absence of an express clause in the contract waiving the right to judicial rescission and repossession upon non-payment, the seller retained the right to seek judicial rescission and restitution of the item, even if the contract stipulated a final payment date.

Regeste Legislator

Généré par l'IA

Seller's Right to Judicial Rescission Upon Installment Default: A plaintiff, having sold an item under an installment sale contract, sought to rescind the contract and recover the object after the buyer defaulted on payments, but the trial court dismissed the action on the grounds that the installment contract implicitly waived the seller's right to reclaim the item, an interpretation the high court overturned, holding that in the absence of an express clause in the contract waiving the right to judicial rescission and repossession upon non-payment, the seller retained the right to seek judicial rescission and restitution of the item, even if the contract stipulated a final payment date.