Education provider fined $351,000 for egregious conduct

Supplied Content Wellington, December 26, 2017 Mathematics education company ‘Auckland Academy of Learning Limited’ (AAL) was fined $351,000 for conduct which the Judge described as ‘egregious’ last month. AAL pleaded guilty to 11 charges under the Fair-Trading Act and was sentenced in the Auckland District Court on November 28, 2017. In declining to offer a discount on sentence for financial…

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Commerce Commission welcomes verdict on Credit Card charges

Judgement could affect credit issuers and borrowers Supplied Content Wellington, December 26, 2017 In a significant ruling for the Commerce Commission, the High Court has held that courts can decide to re-open credit contracts of their own volition if they consider that the contract may be oppressive. The case concerned a single Diners Club Credit Card debt, but has much…

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