Intimidation as cause of nullity in bank contracting

  • Rubén Pérez Cordón
  • Silvia Martínez Cantón Universidad Internacional de la Rioja
Keywords: Coercion, intimidation, banking contracting, novation

Abstract

Intimidation is far more common than it may seem in commercial relations environments and banking is no exception. The nature of public establishments of financial institutions and their assumed seriousness have not precluded that many clients have accepted, under intimidation, unwanted products or unfair terms, which, in a totally free scenario and with other alternatives to choose from, they would not have agreed to. These conducts have been manifested mostly in situations of renegotiation of contracts where clients were in financial hardship which forced them to accept a change in the terms they had with the bank. This type of consent is imposed and, thus, flawed and will be analyzed in this article.

Received: 25.06.2020
Accepted: 14.10.2020

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Author Biographies

Rubén Pérez Cordón

Magistrado Suplente de la Audiencia Provincial de Zamora
Profesor – Tutor de la UNED

Silvia Martínez Cantón, Universidad Internacional de la Rioja

Magistrada – juez titular del Juzgado de Primera Instancia nº 2 de León
Profesora titular de Derecho Internacional Privado y Derecho Procesal en la Universidad Internacional de la Rioja

Published
2020-12-30
How to Cite
Pérez Cordón, Rubén, and Silvia Martínez Cantón. 2020. “Intimidation As Cause of Nullity in Bank Contracting”. Estudios De Deusto 68 (2), 15-40. https://doi.org/10.18543/ed-68(2)-2020pp15-40.
Section
Studies