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A recent case-law on the matter of interest capitalization

Author

Listed:
  • Giorgio Tarzia

    (Avvocato in MiIano)

Abstract

A recent ruling of the Supreme Court has established that the recovery proceeding started by an account holder, who alleges the nullity of amounts deducted by the bank as interest capitalization on a credit account, expires after ten years from the date on which the closing account balance was extinguished.

Suggested Citation

  • Giorgio Tarzia, 2011. "A recent case-law on the matter of interest capitalization," BANCARIA, Bancaria Editrice, vol. 3, pages 44-53, March.
    • Handle: RePEc:ban:bancar:v:03:y:2011:m:march:p:44-53
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    File URL: http://www.bancariaeditrice.it/prodotti/vedi/prodotto/id/2458/bancaria-n-3-2011
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    More about this item

    Keywords

    anatocismo; contratto di apertura di credito; Cassazione;
    All these keywords.

    JEL classification:

    • K30 - Law and Economics - - Other Substantive Areas of Law - - - General
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General

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