ASIC v Venture 5 Group Pty Ltd
Unfair contract terms in small amount credit contracts: declarations, an agreed $3.5 million penalty, a permanent injunction and an adverse publicity order.
Read on JadePeter Travis appears as counsel in banking and finance, regulatory enforcement, competition and consumer law, and other commercial disputes, from first instance to appeal, across state and federal courts in Queensland and New South Wales.
Recent Decisions
Unfair contract terms in small amount credit contracts: declarations, an agreed $3.5 million penalty, a permanent injunction and an adverse publicity order.
Read on Jade
Unconscionable conduct and penalties on a short-term bridging loan: the guarantor's claim in equity failed, and the default interest rate was held to be a penalty, with the standard rate to apply during default.
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