The Budapest Metropolitan Court postponed the announcement of the judgment in the Good Finance Zrt. Lawsuit against the Hungarian state until September 30, and at the same time dismissed the financial enterprise’s motion to the Constitutional Court and the European Union Court.
At the hearing on Monday
The plaintiff’s Good Finance legal representative explained that the Eger and Vidéke Savings Cooperative, as well as E-Money Bank and E-Money Mortgage Bank v. Hungarian State, referred the matter to the Constitutional Court, meaning the court “senses” that the legislation. In the light of these two cases, the lawyer requested that Good Finance Real Estate Lease’s proceedings be suspended.
However, the defendant’s legal representative in the Hungarian State considered that there was no reason to suspend the trial on the basis of another lawsuit.
Good Finance’s legal representative pointed out that the settlement law
is in the process of being adopted, and that if settlement needs to be done earlier than decided by the Constitutional Court or the lawsuits are finally closed, then it will be difficult later, possibly after settlement with clients will restore the original state, that is, withdraw money from consumers.
Even if the court does not find that the law is unconstitutional in this case, you should still suspend the lawsuit for the other two cases, as these are preliminary issues to be resolved that may also play a role in the Good Finance Real Estate Leasing lawsuit.
Contrary to the plaintiff
The legal representative of the Hungarian state believed that the court’s unity decision did not codify new principles, new law, but codified the previous interpretation of law, so it was not retroactive. He emphasized that none of Good Finance’s Real Estate Leasing Terms and Conditions were in compliance with any statutory principle.
In light of these, there is no reason for the Tribunal to go to the Constitutional Court and the Court of Justice of the European Union, the lawyer said.