The Texaco Melbourne: 1994

In deciding what should be the appropriate currency for a damages award, no account should be taken of fluctuations in the value of currencies between the date of breach and the date of judgment.

Judges:

Lord Goff

Citations:

[1994] 1 Lloyds Rep 473

Cited by:

CitedBarings Plc (In Liquidation) and Another, Barings Futures (Singapore) Pte Ltd (In Liquidation) v Coopers and Lybrand (A Firm) and Others, Mattar and 36 Others ChD 17-Oct-2003
BFS was a company incorporated in Singapore which conducted its internal affairs in Singapore Dollars. It was by statute required to render its accounts in that currency. It paid its staff in Singapore Dollars. It sought damages in Singapore . .
Lists of cited by and citing cases may be incomplete.

Damages

Updated: 12 May 2022; Ref: scu.186848