BGH: No Early Repayment - McDermott Will & Emery

BGH: No Early Repayment

Overview


Dr. Sebastian Keding wrote this bylined article detailing a decision by the BGH (The Federal Court of Justice [Bundesgerichtshof], Germany’s highest court of civil and criminal jurisdiction) regarding the applicability of early repayment clauses when non-performing loans have been created by the lender because it terminated the borrower prematurely due to late payments.