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Local Law Firms Predicts More Lawsuits for Banks in CHF Loan Saga

POLAND

LOCAL NEWS

  • Votum SA (Polish law firm) representing clients in disputes with banks over CHF mortgages expects looming Supreme Court guidance on the issue to further boost interest in suing lenders.
    • In 4Q company signed 2,362 agreements to represent mortgage borrowers, compared with 1,779 in 3Q and 3,524 in 4Q 2019.
    • also sees falling number of postponements of court rulings due to pandemic
    • only 3% of court's sittings planned for Feb. were delayed, compared with 85% in May 2020
  • Morawiecki says Poland has adequate capacity to produce covid vaccines, proposing that companies share their licenses.
    • Notes, however, that negotiations on matters like this with the EU is not always so straightforward
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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