01/12/2023 | Contract law
Commentaire de Cass. com, 14 juin 2023, RLDA, décembre 2023
A lending bank that pays the sums borrowed by its customer directly to the seller, in return for a subrogating receipt, is not subrogated to the seller’s rights. Consequently, if the borrower defaults, the lender cannot rely on the retention of title clause stipulated in the sale to obtain the return of the financed asset.