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Fixed rate loans: tough break (costs) for borrowers

29 July 2024 / Author(s): Hodge Malek KC , Cleon Catsambis
Issue: August-September 2024 / Categories: Feature

This article considers the recent decision in Farol Holdings Limited & ors v Clydesdale Bank PLC & National Australia Bank Limited[2024] EWHC 593 (Ch) and its likely impact on the landscape of lender/borrower disputes for the recoverability of break costs and the establishment of an unfair relationship.

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