I C 738/18 AI generated

Court orders bank to recover loan debt and legal fees against borrowers who defaulted on credit agreement.

Case Number I C 738/18

Court / Authority Sąd powszechny

Jurisdiction

Poland (PL)

Decision Date 2018-11-15

Outcome Allowed / Granted

Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The court ruled in favor of the bank, ordering the defendants to pay the outstanding loan balance, contractual interest, and procedural costs. The defendants argued that the bank's notice of contract termination was invalid due to improper authorization and lack of individualization, but the court found the signatures of the bank's authorized employees sufficient to constitute a valid declaration of will. Consequently, the court upheld the bank's claim for full repayment and awarded legal fees to the bank's counsel.

Legislator headnote

AI generated

Art. 459 k.c.; Art. 460 k.c.; Art. 555 k.p.c.; Art. 98 k.p.c.; § 8 pkt 6 rozporządzenia Ministra Sprawiedliwości z dnia 22 października 2015 r.: A declaration of will made by employees of a legal entity with written authorization to act on its behalf constitutes a valid exercise of authority, rendering the contract termination effective even if the signatures appear as initials.

Keywords

AI generated

contract termination loan repayment authorized representation contractual interest legal costs declaration of will bank credit agreement

Cited Legislation

AI generated

Art. 459 k.c.

Art. 460 k.c.

Art. 555 k.p.c.

Art. 98 k.p.c.

§ 8 pkt 6 rozporządzenia Ministra Sprawiedliwości z dnia 22 października 2015 roku w sprawie ponoszenia przez Skarb Państwa kosztów pomocy prawnej udzielanej przez radcę prawnego z urzędu

art. 98 k.p.c