CJEU ruling – payment terms over 60 days only with consent
1 Articles
1 Articles
CJEU ruling – payment terms over 60 days only with consent
The CJEU sets boundaries in B2B relationships: payment terms exceeding 60 days must be genuinely agreed upon by both parties. This new ruling serves as a significant guideline for companies entering into tender agreements, adhesion contracts, or dealings with major contractors. In its latest judgment, the Court of Justice of the European Union (CJEU) emphasized that payment term regulations must protect creditors, especially in relationships whe…
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