Legal and corporate updates

Abstract

In today鈥檚 column, we briefly examine two recent decisions. The first relates to usury, simulation and the rights of the lender. The second award sheds light on best administrative practices to be adopted when serious decisions are being contemplated, as, the imposition of a penalty. The writer stresses that what follows are very brief, subjective and selective write-ups on the decisions in question intended solely for educational and discussion purposes. [extract]