In the latest Lane Neave Business Law Newsletter:
A recent decision of the Supreme Court has confirmed the Commerce Commission’s approach in relation to credit fees, in particular whether a fee is ‘reasonable’. The decision provides a timely reminder for all businesses that charge credit fees to ensure they are complying with the relevant consumer legislation
It is important that everyone in business understands what security they are entitled to have, how to ensure that you obtain it, and what it means for you in the situation of a debtor’s insolvency.
Business Law team
If you have any queries in respect of the above, or any other workplace law issues, please contact a member of Lane Neave’s Business Law team:
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