
Combating late payments in commercial transactions: recent European Court of Justice case-law concerning Directive 2011/7
EU Directive 2011/7 aims at combating late payments in commercial transactions. Member States have transposed its provisions enabling a creditor to obtain interest on late payments and a compensation for recovery costs, by way of a fixed sum of EUR 40 in minimum. All this without the necessity of issuing a reminder to the debtor.
The European Court of Justice (ECJ) rendered four different cases in the last months of 2022, two decisions handed down on 20 October 2022 and two others on 1 December 2022. Different national courts referred to the ECJ for preliminary rulings concerning the interpretation to give to various provisions of the directive. The ECJ brought clarifications regarding the minimum fixed sum of EUR 40 (1), the unfair contractual terms (2), and the temporal scope of Directive 2011/7 (3).