Lips Maritime Corp. v President of India: PC 1988

Lord Brandon of Oakbrook: ‘There is no such thing as a cause of action in damages for late payment of damages. The only remedy which the law affords for delay in paying damages is the discretionary award of interest pursuant to statute.’
Lord Brandon of Oakbrook
[1988] AC 395
Commonwealth
Cited by:
CitedJohnson v Gore Wood and Co HL 14-Dec-2000
Shareholder May Sue for Additional Personal Losses
A company brought a claim of negligence against its solicitors, and, after that claim was settled, the company’s owner brought a separate claim in respect of the same subject-matter.
Held: It need not be an abuse of the court for a shareholder . .

Lists of cited by and citing cases may be incomplete.
Updated: 16 October 2021; Ref: scu.252498