Novation, transaction and waiver in the mortgage loans

Abstract

In  the  last  few  years  have  been  following one  after  another the judgments in  relation  to  abusive clauses, and  particularly to  floor  clauses. One  of the  last  chapters in  this  story  has  been  the  STS  11  April  2018  in  connection with the  novatory private  document of  the  floor  clause  including a  general  waiver   of actions by the  borrowers. In  this  resolution, the  Supreme Court  deviates  from  the doctrine initiated in relation  to these private  agreements in the STS  16 October 2017.