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Need to plead and prove interest losses to recover compound interest (Commercial Court)
Practical Law UK Legal Update Case Report 9-526-0045 (Approx. 3 pages)
Need to plead and prove interest losses to recover compound interest (Commercial Court)
by PLC Dispute Resolution
In JSC BTA Bank v Ablyazov and others [2013] EWHC 867, the court considered whether the claimant bank was entitled to recover compound interest even though it had not pleaded and proved its actual interest losses.
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Resource ID 9-526-0045© 2024 Thomson Reuters. All rights reserved.
Published on 24-Apr-2013
Resource Type Legal update: case report
Jurisdictions
Related Content- England
- Wales