Today, the Court of Appeal in Warsaw dismissed Santander Bank’s appeal in a case to declare a loan agreement invalid. As a result, the first-instance court’s judgement, which was favourable to the debtors, has become legally binding. As a result of the ruling, they will recover all the interest paid and consequently bear no credit costs, which, according to the position of the European judiciary, is supposed to play a preventive role for banks, preventing their eventual, subsequent unfair practices.
In this case, the lawsuit was filed after the loan had been repaid in full and after the debtor’s divorce.
The case was conducted by Maciej Obrębski and Marek Hnatyszyn.
