Doorstop Ltd -v- Gillman and Lepervier
Doorstop Ltd -v- Gillman and Lepervier [2012] JRC 199 (01 November 2012)
The Royal Court of Jersey held it could refuse to enforce immoderate contractual interest, reduced one loan’s interest claim, and disallowed compound and penalty interest.
- Usury
- Contractual interest
- Compound interest
- Guarantee and indemnity
- Public policy
- Penalty clauses