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Dentons Rodyk Reporter Issue 03 (2023) | Dentons

When is interest and default interest under a loan a penalty? | Dentons

Case update: Ethoz Capital Ltd v Im8ex Pte Ltd and others [2023] SGCA 3 - A “make whole” clause, the sole discretion to vary interest rates, and an “extravagant” default.

SGCA: Obligation to pay entire interest charged on a loan upon default was an unenforceable penalty | Allen & Overy LLP

In Ethoz Capital Ltd v Im8ex Pe Ltd (2023), the Singapore Court of Appeal held that a "make whole" payment of interest clause was an unenforceable penalty as, among other things, the.

Ensuring Enforceable Make Whole Interest Obligations | Allen & Overy LLP

Ensuring Enforceable Make Whole Interest Obligations | Allen & Overy LLP
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