Elders Grain Company Limited et al. v. The "Ralph Misener" et al., 2004 FC 1285

In Carriage of Goods by Sea on (Updated )

In this matter the Defendant had been successful in its counterclaim and now sought compound interest. The Court referred to the Supreme Court of Canada decision in Bank of America Canada v Mutual Trust Co., [2002] SCR 601, wherein it was held that compound interest will generally be limited to breach of contract cases where the parties agreed, knew or …

Full Summary