![HT-2022-000417 - [2025] EWHC 1691 (TCC)](https://backend.juristeca.com/files/emisores/logo_yJUntHA.png){kind=logo}
INTEREST
INTEREST
The pleaded rate is 4% per annum simple interest from the dates and periods set out in Annex 5 of the APOC. I consider that a rate of 4% is reasonable given that the average base rate from September 2018 was approximately 2.1%. If anything I consider a rate of 4% is low compared to rates which have been awarded in the Rolls Building in recent years. I invite the parties’ independent accountancy experts to agree the appropriate interest calculation from the dates these losses were incurred.
- Heading
- This judgment was handed down by the court remotely by circulation to the parties’ representatives by email and released to The National Archives. The date and time for hand-down is deemed to be 4 Jul
- THE CLAIMS
- H WAS THE DEFENDANT IN BREACH OF DUTY IN FAILING TO COMPLY WITH CLAUSE 6.13A OF THE BUILDING CONTRACT AS TO NOTIFICATION TO ITS INSURER(S) IMMEDIATELY UPON RECEIPT OF THE CLAIMS ON 15 JANUARY 2019 OR
- INTRODUCTION
- LEGAL PROCEEDINGS
- THE REMAINING ISSUES
- Liability Issue
- WITNESSES
- FACTUAL HISTORY
- Findings of Fact
- THE EXPERT EVIDENCE
- THE CLAIMS
- Alternative 2
- WAS THE DEFENDANT IN BREACH OF DUTY IN FAILING TO COMPLY WITH CLAUSE 6.13A OF THE BUILDING CONTRACT AS TO NOTIFICATION TO ITS INSURER(S) IMMEDIATELY UPON RECEIPT OF THE CLAIMS ON 15 JANUARY 2019 OR TH
- INTEREST
- Conclusions