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9621078 AI generated

Portuguese court allows payment by holder to sue endorsers despite execution rules requiring creditor standing.

Case Number 9621078
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Tribunal da Relação do Porto allowed the appellant to proceed with an action against letter endorsers after paying the holder. While the court noted that execution generally requires the figure as creditor, it established that a person who pays the holder acquires the right to claim the paid amount from signatories. Consequently, the court ruled that the appellant became a legitimate party to the suit through this payment, overriding the strict procedural requirement for the original creditor.

Legislator headnote

Official

TÍTULO DE CRÉDITO SUBSCRITOR ENDOSSO LETRA PORTADOR LEGÍTIMO EXEQUIBILIDADE

Keywords

AI generated
subscribed credit title endorsed bill holder legitimate party standing execution procedural rules payment acquisition right

Cited Legislation

AI generated
LULL Art. 16
LULL Art. 49
CPC67 Art. 55
CPC67 Art. 56
CPC67 Art. 57

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Full text

[DATA DEC. RECORRIDA] 04/10/1996 [Nº CONVENCIONAL] JTRP00022774 [Nº DO DOCUMENTO] RP199801139621078 [PRIVACIDADE] 1 [PROCESSO NO TRIBUNAL RECORRIDO] 144/96 [TEXTO INTEGRAL] N [TRIBUNAL RECORRIDO] T J V N FAMALICÃO 2J [URL] https://www.dgsi.pt/jtrp.nsf/56a6e7121657f91e80257cda00381fdf/7ADDD81ED6ADCAEE8025686B0067103C?OpenDocument

SUMÁRIO I - Em princípio, a execução tem de ser promovida pela pessoa que no título executivo figurar como credor. II - Os endossos riscados consideram-se como não escritos.

III - Todavia, a pessoa que pagou uma letra ao portador adquire por esse pagamento o direito de reclamar dos signatários a importância paga, sendo portanto parte legítima na respectiva acção.