Late payment fees struck down as penalties
In a land mark judgment handed down on 5 February 2014 by the Federal Court, Gordon J held that late payment fees charged by the ANZ Bank infringed the doctrine of penalties.
CommBar Sections
- ADR (29)
- Asia Practice (6)
- Banking and Finance (38)
- Building and Construction Law (53)
- Civil Procedure (22)
- Class Actions (17)
- Competition and Consumer Law (22)
- Contracts, Restitution and General Commercial Law (8)
- Corporations and Securities Law (19)
- Energy (19)
- Environment and Planning (2)
- Equity (23)
- Insolvency Law (50)
- Insurance and Professional Negligence (13)
- International Law (7)
- IP and Trade Practices (109)
- Media Law (5)
- Property and Probate (5)
- Public Law (37)
- Sports Law (15)
- Superannuation (1)
- Uncategorised (2)
Latest Updates
-
Penny Harris says:Thanks Sarah - this article was not only interesting and informatively...
-
Jeff Koelewyn says:
- additional damages arbitration Article Australia bankruptcy Case Note causation civil penalties Civil Procedure commercial arbitration conference constitution contempt of court copyright copyright infringement Corporations Act costs Court of Appeal damages directors' liability disclosure discovery duty of care energy enforceability estoppel Federal Court fiduciary duties guarantees High Court infringement injunction international arbitration legislative change litigation misleading conduct mortgage patents penalties reform settlement Supreme Court Trade marks unconscionable conduct VCAT