Precedent-setting judgment in a CHF case. Return of loan principal

There is much agitation in the social media in the wake of the judgment by Judge Kamil Gołaszewski, who – having addressed to the CJEU a request for a preliminary opinion concerning the landmark CHF case of Mrs and Mr Dziubak – has now ruled that the bank is entitled to repayment of the principal – adjusted for inflation, no less – upon invalidation of the loan agreement. This judgment is certainly advantageous for the banks, although lawyers representing CHF borrowers were quick to point out that it is still subject to appeal and, accordingly, may be overturned at a higher instance.

Katarzyna Bogusz-Grześkiewicz, attorney with GESSEL, announced on LinkedIn that on Friday, 10 February, the Regional Court in Warsaw handed down a precedent-setting judgment vindicating the position of the banking sector.