-
Recent Posts
- Brexit considerations for Australian banking and finance lawyers
- Responsible Lending and Hardship Variations – Capitalising Interest and Fees
- NCCP Responsible Lending and Advertising
- Financial System Inquiry: Part 2 – A lending industry perspective on SMSF lending
- Financial System Inquiry: Part 1 – A lending industry perspective on Competition
Recent Comments
Boca Raton CPA.com on Paciocco v Australia and New Z… Leonie Chapman on Embracing technology in legal… taniamushtaq on Embracing technology in legal… taniamushtaq on Embracing technology in legal… Archives
Categories
Category Archives: Contract law
Paciocco v Australia and New Zealand Banking Group Ltd
By Leonie Chapman LAWYAL SOLICITORS First published by LexisNexis Banking and Finance Law Bulletin (BLB 30.4, June 2014) On 5 February 2014, the Federal Court of Australia gave detailed consideration to the issue of fees as penalties in the representative … Continue reading
Posted in Banking and Finance, Contract law, LAWYAL Solicitors
1 Comment
Director Guarantees – Goldsmith v Macquarie Leasing
Goldsmith v Macquarie Leasing Pty Ltd By Leonie Chapman, LAWYAL Solicitors (first published in LexisNexis’ Australian Banking and Finance Law Bulletin (2013) 29(2)) Lenders and financiers often provide finance to a company borrower on the basis that the company directors give personal … Continue reading
Watch out for penalty clauses in contracts
If your contracts contain fees imposed for breach or that apply upon termination, be mindful that special treatment is now given to “penalty” clauses, which may be deemed void or unenforceable. Generally, parties are free to negotiate contracts and determine what … Continue reading
Posted in Contract law, LAWYAL Solicitors
Tagged Clause, Contract, Fee, High Court, penalty
Leave a comment