Day: 14 March 2018

Federal Court of Justice: Damages May Be Awarded Even Where a Foreign Currency Loan Is Valid

The German Federal Court of Justice (Bundesgerichtshof – BGH) recently published the written grounds of its judgment dated 9 December 2017. According to the judgment, a court must still examine a damages claim brought by a borrower indebted in a foreign currency, even where the underlying loan agreement itself was validly concluded. Before a loan […]