The regulation of unfair terms in non-professional suretyship agreements: lessons for the wider EU harmonisation agenda

Devenney, J. and Kenny, M. (2016) The regulation of unfair terms in non-professional suretyship agreements: lessons for the wider EU harmonisation agenda. In: Fairweather, K., O'Shea, P. and Grantham, R. (eds.) Credit, Consumers and the Law: After the Global Storm. Routledge. ISBN 9781472452344

Abstract/Summary

This chapter is located in the context of European Union (EU) initiatives aimed at creating a single market in financial services and the increasingly voluminous debate on the future of European private law. The aim of the chapter is to reflect on wider EU regulation and harmonisation initiatives in this area by using contracts of suretyship/guarantee as a case study. In so doing it focuses on situations where the surety/guarantor acts in a non- professional capacity (for example, a family member).