Legislator Case Law & Legislation
DE FR IT EN
Analyze in Legislator
0252595 AI generated

Court holds vocational training institutions are not commercial enterprises for interest rate purposes under Commercial Code Art. 102 §3.

Case Number 0252595
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Dismissed
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Tribunal da Relação do Porto dismissed the claim regarding the application of late interest rates to credits from a vocational training institution. The plaintiff argued the entity was a commercial enterprise, while the defendant contended its primary purpose was public interest education rather than profit. The court ruled that because the institution's object and raison d'être are dedicated to professional formation as a public service, it does not qualify as a commercial enterprise under the relevant statutory definition.

Legislator headnote

Official

JUROS DE MORA TAXA DE JURO ESTABELECIMENTO COMERCIAL CONCEITO JURÍDICO

Keywords

AI generated
commercial enterprise definition vocational training institution public interest purpose late interest rate application Commercial Code Art. 102

Cited Legislation

AI generated
Art. 102 §3 do Código Comercial

Need to analyze how this precedent applies to your matter?

Cross-reference this judgment against statutes, commentaries, and subsequent citing case law inside Legislator AI.

Open in Legislator →

Full text

[Nº CONVENCIONAL] JTRP00035639

[Nº DO DOCUMENTO] RP200301200252595

[PRIVACIDADE] 1

[TEXTO INTEGRAL] N

[TRIBUNAL RECORRIDO] T J S JOÃO MADEIRA

[URL] https://www.dgsi.pt/jtrp.nsf/56a6e7121657f91e80257cda00381fdf/0224CFAF02AF93C780256CF5002CE217?OpenDocument

SUMÁRIO

Para efeito de sujeição dos respectivos créditos à taxa de juros moratórios prevista no artigo 102 §3 do Código Comercial, não se considera "empresa comercial" aquela cujo objecto, finalidade e razão de ser se reconduzem à formação profissional, como interesse público, em detrimento de simples obtenção de lucros.