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High Court backs 4% per month default interest and confirms even steep interest rates can be enforceable if they serve a legitimate commercial purpose and are proportionate in context. Learn when higher rates will stand and when they won’t. emlaw.co.uk/high-court-b... #Contracts #UKLaw #SMEs
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Learn about High Court's ruling where it has decided that 4% default interest is not a penalty and what it means for businesses and lenders.
emlaw.co.uk
High Court Backs 4% Default Interest - When Higher Rates Will Stand (and When They Won’t)
EM Law - Commercial Law Solicitors in London