NEWS FLASH: Prohibition of Unfair Terms Between Enterprises

18 January 2021blog, English

As from December, 1st 2020, new provisions of the Code of Economic Law (hereinafter  “CEL“) on unfair terms in contracts between ‘enterprises’ (which includes companies, small businesses and professional individuals) have entered into force.   Influenced by the provisions applicable to consumer contracts, the new provisions aim to avoid a serious legal imbalance between the … Read More