Bloomberg News

Chile Court Fines Laureate Over 'Abusive' Contract

May 15, 2012

Santiago’s appeals court has fined Andres Bello University, which is affiliated with Baltimore- based Laureate Education Inc., for alleged violations of Chile’s consumer protection law, the judiciary said in a statement posted on its website today.

Andres Bello must pay 1.98 million pesos ($3,970) after being accused of overcharging a student for a class, according to court filings e-mailed by the judiciary press office. The court ruled that some clauses in student contracts with the university are “abusive,” the judiciary said in the statement.

Laureate’s corporate communications office didn’t immediately respond to a voice message and e-mail from Bloomberg News seeking comment. The ruling is filed under docket number 1905-2011.

To contact the reporter on this story: Randall Woods in Santiago at

To contact the editor responsible for this story: Joshua Goodman at

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