General Finance Acceptance Ltd v Melrose

id: general-finance-acceptance-ltd-v-melrose-165-15471026
title: General Finance Acceptance Ltd v Melrose
text: General Finance Acceptance Ltd v Melrose [1988] 1 NZLR 465 is an often cited case regarding whether a contract term for calculating damages in the future are what is called liquidated damages, or is otherwise deemed a penalty clause, which the courts do not uphold as legally enforceable.
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/General_Finance_Acceptance_Ltd_v_Melrose
date created: 2013-11-18T06:10:00Z
date modified: 2024-08-29T12:54:36Z
main entity: {"identifier":"Q17050652","url":"https://www.wikidata.org/entity/Q17050652"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/d/d3/Coat_of_arms_of_New_Zealand.svg","width":725,"height":699}
fields total: 13
integrity: 15

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