Helen Van Ravels

Dentons

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High Court upholds rejection of argument 2% default interest is a penalty

Australia - March 6 2017 At the end of November 2016, in a good news story for lenders, we reported on a victory in the NSW Court of Appeal where the court held the…

Campbell Hudson.

Penalty doctrine rejected: Arab Bank Australia Ltd v Sayde Developments Pty Ltd [2016] NSWCA 328

Australia - November 30 2016 In what will be further good news for lenders, the NSW Court of Appeal has recently held that the application of a 2% default interest margin under a…

Campbell Hudson.