Director General of Fair Trading v First National Bank plc

Director General of Fair Trading v First National Bank plc [2001] UKHL 52 is the leading case on the Unfair Terms in Consumer Contracts Regulations 1999. It was an action to test the fairness of clauses in loan agreements which secured a bank's commercial interest rates after a debtor that had defaulted and they had been to court to determine their repayment scheme.

Source: Wikipedia — Director General of Fair Trading v First National Bank plc (CC BY-SA 4.0)

Director General of Fair Trading v First National Bank plc

Director General of Fair Trading v First National Bank plc [2001] UKHL 52 is the leading case on the Unfair Terms in Consumer Contracts Regulations 1999. It was an action to test the fairness of clauses in loan agreements which secured a bank's commercial interest rates after a debtor that had defaulted and they had been to court to determine their repayment scheme.

Source: Wikipedia "Director General of Fair Trading v First National Bank plc" · CC BY-SA 4.0

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