A Fresh Start for Restitution in Three-Party Situations
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With its ruling from June 6, 2015, the 11th Senate of the German Federal High Court of Justice (Bundesgerichtshof, BGH) has overturned its principles on restitution of unjust enrichment in the cases of revoked payment orders in the payment services law. The significant departure from previous case law opens the door for a general revision and redesign of the law of restitution in three-party situations. The article treats the instruction model(Anweisungmodell), particularly concerning BGHZ 205, 377 which has undertaken a significant change of direction of the previous precedents in case of revoked payment order in payment services law. This article, I believe, would affect the related juristic discussion a lot not only in Germany but also here in Korea regarding the unjust enrichment by the instruction.
Abstract
With its ruling from June 6, 2015, the 11th Senate of the German Federal High Court of Justice (Bundesgerichtshof, BGH) has overturned its principles on restitution of unjust enrichment in the cases of revoked payment orders in the payment services law. The significant departure from previous case law opens the door for a general revision and redesign of the law of restitution in three-party situations. The article treats the instruction model(Anweisungmodell), particularly concerning BGHZ 205, 377 which has undertaken a significant change of direction of the previous precedents in case of revoked payment order in payment services law. This article, I believe, would affect the related juristic discussion a lot not only in Germany but also here in Korea regarding the unjust enrichment by the instruction.
참고문헌 (59)
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