With more than $2.2T in U.S. commercial property loans coming due by the end of 2027 and real estate fundamentals weak, the relationship between lenders and their CRE borrowers is likely to become ...

In Houssein & Others v. London Credit Ltd & Another [1], the Court of Appeal considered the proper application of the common law rules on penalties to a default interest clause in a loan agreement.

As you know, I'm a big proponent of reading the fine print on any agreement. Since many of us regularly receive credit card agreements, we may not look at each one carefully. We assume that we already ...

Default interest, in a loan agreement, at a rate of 4% compounded monthly, was not extortionate given the legitimate interests at play and so was not an unenforceable penalty, according to the High ...

Students who take out private loans to pay for college could face a nasty surprise if their co-signer dies or files for bankruptcy: The lender may suddenly demand the loan be paid in full—or even ...