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Banking, Finance & Financial Services 29th Apr 2015
Judgment handed down in Parkingeye Limited v Barry Beavis [2015] EWCA Civ 402
Court of Appeal finds a penalty can be enforced if it has a commercial purpose and is not extravagant and unconscionable.
Henderson Chambers’ Julia Smith appeared for the intervener (the Consumers’ Association) in a landmark decision on penalties. The matter came before Moore-Bick LJ, Patten LJ and Sir Timothy Lloyd and was on appeal from a county court decision of HHJ Moloney QC.
See Elizabeth Tremayne’s Alerter here.
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