Court increases construction loan debt award by correcting calculation errors regarding principal and interest amounts.
Legislator summary
AI generatedThe appellate court modified the first-instance judgment to increase the awarded debt from 129,594.07 zł to 164,855.50 zł by correcting the calculation of the loan principal and interest components. The plaintiff sought to declare a foreign currency construction loan invalid and recover the sum of repayments made, while the bank contested the specific valuation of these amounts. The court ruled that the lower court's arithmetic regarding the loan structure was erroneous, necessitating a recalculation of the total debt owed.
Legislator headnote
AI generatedArt. 353 § 1 k.c.; Art. 189 k.p.c.: The court must correct factual or arithmetic errors in the assessment of loan principal and interest when determining the validity of a construction loan agreement and the resulting debt obligation.