Stuart Ritchie KC and Alexander Robson in Privy Council Compound Interest Win

The vexed question as to the availability of compound interest on a claim for a money sum is the subject of an important decision of the Privy Council, handed down today. The judgment (Click Here) of the Board contains important analysis concerning (i) what a party must prove to obtain an award of compound interest as a remedy under the general law; and (ii) the basis upon which the courts may interfere with an arbitrator’s decision to make such an award.  Stuart Ritchie KC and Alexander Robson acted for the successful appellant, instructed by Signature Litigation LLP