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SGCA: Obligation to pay entire interest charged on a loan upon default was an unenforceable penalty | Allen & Overy LLP - Vimarsana News

SGCA: Obligation to pay entire interest charged on a loan upon default was an unenforceable penalty | Allen & Overy LLP

In Ethoz Capital Ltd v Im8ex Pe Ltd (2023), the Singapore Court of Appeal held that a "make whole" payment of interest clause was an unenforceable penalty as, among other things, the...

California Supreme Court Upholds Liquidated Damages Decision - Vimarsana News

California Supreme Court Upholds Liquidated Damages Decision

California Civil Code says liquidated damages provision is presumptively valid or invalid depending on contract. If it involves retail purchase or rental of personal property or services or lease of property for housing, liquidated damages provision is presumptively void.

Default Interest Considerations In Subscription Credit Facilities - Financial Services - Vimarsana News

Default Interest Considerations In Subscription Credit Facilities - Financial Services

Default interest provisions are often included in subscription credit facilities, and there are various ways parties can handle default interest in the loan documentation.

Source: mondaq.com
Q&A: the franchisor-franchisee relationship in Turkey - Vimarsana News

Q&A: the franchisor-franchisee relationship in Turkey

A guide to the legal and practical considerations surrounding the franchisor-franchisee relationship in Turkey, including operational terms and the renewal and termination of the agreement.

Investegate |DTEK Finance Plc Announcements | DTEK Finance Plc: DTEK FINANCE PLC-Consent Solicitation Announcement - Vimarsana News

Investegate |DTEK Finance Plc Announcements | DTEK Finance Plc: DTEK FINANCE PLC-Consent Solicitation Announcement

Investegate announcements from DTEK Finance Plc, DTEK FINANCE PLC-Consent Solicitation Announcement