Clause may be penalty despite limited impact on contract breaker (High Court) | Practical Law
https://content.next.westlaw.com/practical-law/document/I3384f5820c7411e698dc8b09b4f043e0/Clause-may-be-penalty-despite-limited-impact-on-contract-breaker-High-Court?viewType=FullText&transitionType=Default&contextData=(sc.Default)
In Hayfin Opal Luxco 3 SARL & another v Windermere VII CMBS plc and others [2016] EWHC 782 (Ch), the court considered the interpretation of complex financial instruments, and whether an interest rate provision was void as a penalty.
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Clause may be penalty despite limited impact on contract breaker (High Court)
Practical Law UK Legal Update Case Report 7-627-2208
(Approx. 7 pages)
Clause may be penalty despite limited impact on contract breaker (High Court)
by Michael James, author and barrister
Related Content
Published on 27 Apr 2016
•
England,
Wales
In
Hayfin Opal Luxco 3 SARL & another v Windermere VII CMBS plc and others [2016] EWHC 782 (Ch)
, the court considered the interpretation of complex financial instruments, and whether an interest rate provision was void as a penalty.