Recent Cases

Huynh v Ledinh Sovereign Super Pty Ltd [2024] NSWCA 78 (11 April 2024) (Bell CJ, Payne and Kirk JJA)


Catchwords:


CONTRACTS – Unjust contracts – Contracts Review Act 1980 (NSW), ss 7, 9 – Whether 6% monthly simple interest provision was relevantly unjust – Where mortgage was provided to a “lender of last resort” – Where debtor was advised by an independent solicitor of the applicable interest rates – Where primary judge varied the contract to remove the compounding element of the interest provision