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Part IV The Content of International Responsibility, Ch.42.3 The Different Forms of Reparation: Interest

Elihu Lauterpacht, Penelope Nevill

From: The Law of International Responsibility

Edited By: James Crawford, Alain Pellet, Simon Olleson, Kate Parlett

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 26 May 2024

This chapter will examine some issues relating to the concept of interest in the context of international responsibility. Generally speaking, interest can be an element both in the calculation of a sum due as damages or compensation (pre-award interest) and in relation to the obligation of a judgment debtor as regards the payment of the sum awarded (postaward interest). A tribunal that possesses jurisdiction to determine liability and the compensable damage flowing therefrom is both entitled and obliged to give consideration to interest. A tribunal may refuse to...
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