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High Court Finds that 9% Surcharge Interest Rate Offends the Rule Against Penalty Clauses - WILLIAM FRY
https://www.williamfry.com/knowledge/high-court-finds-that-9-surcharge-interest-rate-offends-the-rule-against-penalty-clauses/
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High Court reaffirms that surcharge interest rates that are 'extravagant and unconscionable' and not commercially justifiable are not legally enforceable.
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