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Judgment No. 3013

Decision

The application is dismissed.

Consideration 3

Extract:

"The obligation to pay compound interest is always an exception. According to the Tribunal's case law, such an obligation must arise from the operative part of its judgments. In this case, to quote the language of consideration 4 of Judgment 802, "if the Tribunal had meant compound interest, [...] it would have used words to that effect"."

Reference(s)

ILOAT Judgment(s): 802

Keywords

application for execution; exception; judgment of the tribunal; interest on damages; case law; organisation's duties; consequence; payment



 
Last updated: 03.08.2011 ^ top