March 28, 2024

Archives for October 2012

Exit fees: what to do after the OFT/Tchenguiz deal

OFT website outlining the agreement is here http://www.oft.gov.uk/news-and-updates/press/2012/77-12 After a three-year investigation, the Office of Fair Trading finally expressed its view earlier this month that exit fees on sale were “likely” to be unfair … but that they still need to be paid. The announcement came in the form of a deal with the Tchenguiz […]