High Court case regarding commissions

Discussion in 'Payment Protection Insurance claims' started by Brendan Burgess, Nov 24, 2015.

  1. Brendan Burgess

    Brendan Burgess Founder

    Posts:
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    The Irish Times reports on a case as follows:

    Lending institution found to have misled borrower by non -disclosure of commission Untoy v GE Capital Woodchester Finance Ltd [2015]IEHC 557 (High Court, O’Malley J, August 25th, 2015) High Court, by way of case stated from the District Court, finds the District Court judge erred in determining that a lending institution was beyond reproach in not disclosing to a borrower that he was being charged commission on payment protection insurance that he had taken out for three loans, holding that the lending institution was in breach of relevant legislation by not adequately informing the borrower of all of the transaction details.

    Here is the actual judgement. I have not read it so I don't know its implications, as the Judge had not made a final order.

    http://courts.ie/Judgments.nsf/0/F6F6AC4005F963FE80257EBA002B4ED0