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Commerzbank prevails with Ettrich in dispute over custody fees

In October 2021, the consumer association Verbraucherzentrale Hamburg e.V. brought a claim against Commerzbank AG before the Regional Court of Frankfurt for an injunction against the use of clauses in the General Terms and Conditions of Business with which so-called custody and credit balance fees (among other things) were introduced and charged on savings deposits in new and existing customer business. The Frankfurt Regional Court had initially largely upheld the claim (judgment of 18.11.2022, ref.: 2-25 O 228/21). Commerzbank AG, which we represented in both instances, filed an appeal against the ruling in December 2022. In today’s appeal judgment (case reference: 3 U 286/22), the 3rd Civil Senate of the Higher Regional Court of Frankfurt upheld Commerzbank AG’s appeal, amended the judgment of the Regional Court of Frankfurt and dismissed the action brought by Verbraucherzentrale Hamburg e.V. in its entirety.

Representing Commerzbank AG
Ettrich: Dr. Frank Findeisen

Read more in the Handelsblatt

News

Ettrich further expands the employment law department

Attorney Susanna Grichtmaier joined Ettrich’s employment law team on January 1, 2024. Susanna is a specialist lawyer for employment law and previously worked for more than 10 years in employment law at ebl factum Rechtsanwälte, where she already worked closely with our partner Hendrik Bourguignon. She advises and represents national and international companies on all employment law issues. Susanna also successfully supports managers in separation situations. As in previous years, Susanna was listed as “Best Lawyer” by Handelsblatt (“Germany’s Best Lawyers”) in the field of employment law in 2023.

To the profile of Susanna Grichtmaier

News

Handelsblatt selects “Germany’s Best Law Firms” for the year 2024

Great news!
The US publisher Best Lawyers, in cooperation with Handelsblatt, has selected the best commercial law firms in Germany in 2024.
Our law firm Ettrich was honored in four categories: Arbitration/Dispute Resolution/Mediation, Employment Law, Dispute Resolution and Real Estate Business Law in Hesse.
A big thank you to everyone who recommended us!

Read more in the Handelsblatt