Understanding Cryptocurrencies: Introduction to Virtual Currencies

banking law

Estimated reading time (in minutes) Cryptocurrencies  , including Bitcoin, have evolved into virtual currencies that have garnered considerable attention in recent months . As a lawyer specializing in cryptocurrencies, I will explain the purpose and impact of...

Insurance law: possibility of changing mortgage insurance on the anniversary date of the subscription of the contract

banking law, Insurance law

Flexible Insurance Choices When obtaining a mortgage, borrowers have the option of choosing insurance from their lending bank or choosing insurance from another insurer, often at lower cost. However, many people are reluctant to switch insurers after getting their...

Update on ways to protect yourself as a guarantor

banking law

Estimated reading time (in minutes) Rights of the guarantor In  a significant judgment of November 15, 2017 ( Cass. com., November 15, 2017, n° 16-16790 ), the commercial chamber of the Court of Cassation affirmed that banks have the obligation to inform and Notify...

Real estate investment, situation in 2021

banking law

Estimated reading time (in minutes) Mortgage renegotiation The year 2021 is a good year to get started in real estate investment . But if several criteria push individuals to invest in the sector, the historically low level of the credit rate also makes it possible to...

The importance of the TEG in loan contracts

banking law

Estimated reading time (in minutes) Credit rate  our law firm in Nice has acquired great expertise in this area, having handled many cases involving TEG. A recent case concerned a TEG posted at 6.1%, encouraging the substitution of the  legal rate  . The Importance of...

Illegality of the calculation of the interest rate on the basis of the Lombard year

banking law

Estimated reading time (in minutes) Under the terms of a judgment delivered on June 19, 2013, the first civil chamber of the Court of Cassation (appeal no. 12-16.651) ruled that “the conventional interest rate mentioned in writing in the deed of loan granted to...