Skip to content

Justin Tan

Trainee

London

JT

Justin Tan

Trainee

London

News & insights

Egg timer

Blog Post: 06 OCTOBER 2021

Asking for too much – default interest rate found to be unlawful penalty

In a rare example of a clause falling foul of the penalty rule, the High Court rejected a claim for default interest at the rate of 12% compounded monthly on the basis that it was an unlawful…

Read more

JT

Office

London

Allen & Overy LLP
One Bishops Square
London
E1 6AD

View office →