Newmafruit Farms Ltd & Ors v Pither & Ors 9/9/16 (QB)

A company was entitled to summary judgment on most of its claim for repayment of loans made to a builder and property developer. However the debtor had raised triable issues arising from provisions of the Consumer Credit Act 1974 and the Financial Services and Markets Act 2000 on the basis that the loans were unenforceable because the company had been carrying on a business of entering into regulated credit agreements without a licence and/or without the required pre-contractual disclosure and other specified information.