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Anderson v Burbery Finance Ltd - [1988] 2 NZLR 196

$30.00

Court of Appeal Wellington
28 June; 5 August 1988
Richardson, Somers and Bisson JJ
Commercial law — Credit contracts — Disclosure requirements — Oppression — Penalty provisions — Finance company lent money to experienced and successful businessman and failed to comply strictly with the disclosure requirements of the Credit Contracts Act — Whether the borrower had been deceived or prejudiced by the non-disclosure — Whether Court should exercise its discretion to reduce penalty for non-disclosure — Credit Contracts Act 1981, ss 15, 16, 17, 31, 32 and 40.

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