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An action for negative declaratory relief is an action for a judicial declaration of non-existence of the debt being recovered. If the action is awarded, the entire debt collection is cancelled due to lack of a substrate.

Term-Nr.: 34

German: Aberkennungsklage (2)

Source: LK-Lötscher, 11.05.2020

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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