Compound interest is payable in restitution
Sempra Metals Ltd (formerly Metallgesellschaft Ltd) v Inland Revenue Commissioners and Another
“The court had power to make an award of compound interest in a claim for restitution where such an award was necessary to achieve full justice for the claimant.”
The Times, 25th July 2007
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
