Legislator Case Law & Legislation
066686 AI generated

Portuguese court holds that exceptions from the underlying contract between endorser and endorsee are valid in direct relations.

Case Number 066686
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The court upheld the defense of a bill of exchange based on the direct relationship between the endorser and endorsee. The parties argued that the validity of the credit instrument depended on the specific terms of their private agreement rather than general commercial rules. The court ruled that in direct relations, exceptions arising from the extracartular convention are fully applicable, thereby validating the endorser's refusal to pay.

Legislator headnote

Official

LETRA AVAL TÍTULO DE CRÉDITO RELAÇÕES IMEDIATAS ENDOSSADO ENDOSSANTE OBRIGAÇÃO CAMBIÁRIA

Keywords

AI generated
bill of exchange endorsement relations direct relations underlying contract commercial exceptions private agreement payment refusal

Cited Legislation

AI generated
Art. 1.º, n.º 2, do Decreto-Lei n.º 400/82

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Full text

[Nº CONVENCIONAL] JSTJ00023907

[Nº DO DOCUMENTO] SJ197707070666862

[PRIVACIDADE] 1

[TEXTO INTEGRAL] N

[URL] https://www.dgsi.pt/jstj.nsf/954f0ce6ad9dd8b980256b5f003fa814/B261FFE6D600611D802568FC003AE6CE?OpenDocument

SUMÁRIO

I - É de natureza preceptiva o assento de 1 de Fevereiro de 1966 que, perante a falta de indicação do avalizado, considerou dever entender-se que o aval foi prestado a favor do sacador.

II - No domínio das relações imediatas de endossado e endossante são oponíveis as excepções decorrentes da convenção extracartular de que derivou a obrigação cambiária.