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Commercial And Corporate [2012] ZAGPPHC 76

Business Partners Ltd v Silver Stars Trading 245 CC and Another (14408/2008)

Business Partners Ltd v Silver Stars Trading 245 CC and Another (14408/2008) [2012] ZAGPPHC 76 (15 May 2012)

High Court holds no compromise discharged a loan debt, but refuses enforcement of a simulated “royalty” interest scheme as contrary to public policy.

  • Loan Agreement
  • Simulated Transaction
  • Usury Act Avoidance
  • Public Policy
  • Interest Rate
  • Counter Claim
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