October 2010
Bluestone applications declined
29 October 2010
The High Court in Auckland has declined applications by Bluestone Mortgages NZ Limited and two other entities for leave to apply for summary judgment, and alternatively to strike out claims brought by the Commerce Commission.
Relates to: Consumer Credit
Refunds for second tier home loan borrowers
21 October 2010
The Commerce Commission has entered into a settlement with New Zealand Guardian Trust Company resulting from an investigation into break fees. The settlement will see 77 affected consumers sharing refunds of $165,000.
Relates to: Fair Trading, Consumer Credit
