Recent Cases

Fayad v B & G Properties Pty Ltd [2022] NSWCA 129 (22 July 2022) (Bell CJ, Leeming JA and Basten AJA)


Catchwords:


CONTRACTS – construction – loan agreement – construction of clause imposing default interest – whether interest accrued only on outstanding principal, or entire indebtedness – whether default interest unenforceable as penalty