Dana Avocats is a law firm based in Paris, at 83 avenue Foch,
dedicated to Swiss franc mortgage loan litigation for cross-border workers
Ignorance
costs more
than information
John F. Kennedy
Dana Avocats is a law firm based in Paris, at 83 avenue Foch,
dedicated to Swiss franc mortgage loan litigation for cross-border workers.
Ignorance
costs more
than information
John F. Kennedy
AT A GLANCE
- Who: DANA Avocats, a law firm registered with the Paris Bar, founded in 2008 by David Dana, 83 avenue Foch, 75116 Paris, France.
- What: litigation over mortgage loans denominated in Swiss francs (CHF): foreign-exchange risk clauses, annulment of the loan, restitution.
- For whom: cross-border borrowers in Haute-Savoie, Ain, Doubs, Jura, Alsace and Moselle.
- Results: on January 23, 2025, at the firm’s request, the Judicial Court of Bourg-en-Bresse issued the first annulment of a Swiss franc loan granted to cross-border borrowers. Since January 2025, the firm has obtained 30 decisions annulling loans, including 4 appellate rulings (see the rulings obtained). Each case remains subject to the court’s assessment.
OUR FIRM
INDEPENDENT LAW FIRM IN PARIS SINCE 2008
Dana Avocats is a law firm dedicated to Swiss franc mortgage loan litigation for cross-border borrowers.
Firm founded by David Dana, attorney at the Paris Bar since 2004.
We assist borrowers and investors in disputes against bankers, insurers and their intermediaries, investment service providers and financial investment advisers.
Group actions are still limited in France, but the success of American class actions shows that bringing together a large number of claimants creates useful leverage against institutions, particularly financial ones.
The firm is a pioneer in developing actions akin to group actions in France.
VIDEO
Swiss franc loans in one minute, by David Dana.
OUR EXPERTISE
MASS LITIGATION
Our firm is specifically dedicated to mass litigation, that is, disputes involving a significant number of consumers against major national or international companies.
ANNULMENT OF SWISS FRANC LOANS
Our firm was the first in France to obtain, before the French courts, the annulment of mortgage loans denominated in Swiss francs granted to cross-border borrowers. Drawing on our experience in foreign-currency loan litigation, we have for several years assisted borrowers who took out mortgage loans in Swiss francs without being fully informed of the exchange-rate risks. Our commitment and command of banking litigation now enable us to set precedents in this sensitive field.
BANKING AND FINANCIAL LITIGATION
Recognized expertise in banking and financial litigation. We offer litigation services covering all areas of banking and financial law. In this capacity, we defend our clients in disputes relating to mortgage loans, financial products, foreclosure proceedings and the contractual liability of banks.
REAL ESTATE LITIGATION – FORECLOSURE PROCEEDINGS
We also defend debtors in foreclosure proceedings, using every legal lever to protect their rights and avoid the forced sale of their property.
WHITE-COLLAR CRIME LITIGATION
We defend our clients before investigating and trial courts in criminal proceedings relating, for example, to abusive or fraudulent financial practices.