David Línek comments for Deník N on the risks of business car loans

Business owners enjoy significantly less legal protection in relation to car loans than ordinary consumers. This is illustrated by the case of a businessman from Brno whose vehicle was declared a total loss. Following the accident, the leasing company charged him not only the outstanding principal but also a substantial portion of future interest, even though the method of calculating that interest was not set out in the contract.

For Deník N, David Línek explained the legal arguments that could potentially support a claim in such a dispute, including the uncertainty of the contractual provision governing the calculation of interest. He also outlined why the prospects of succeeding in court in similar cases are generally rather limited.

Read the full article HERE.