RPC | United Kingdom | 13 Dec 2023
Rolls-Royce Holdings plc v Goodrich Corporation [2023] EWHC 2002 (Comm). What is the courts’ approach to awarding statutory interest when a contract…
RPC | Hong Kong | 21 Mar 2017
The interest payable by losing parties in litigation, both pre and post-judgment, is an issue of considerable importance to all parties concerned -…
RPC | Hong Kong | 28 Feb 2017
Recent lower court cases in Hong Kong have clarified that a sanctioned offer which seeks to deprive a plaintiff of an entitlement to costs, if…
RPC | OECD, United Kingdom | 20 Oct 2016
On 11 July 2016, the Organisation for Economic Co-operation and Development (OECD) published a discussion document on the group ratio rule that forms…
RPC | Hong Kong | 4 Oct 2016
Defendants will welcome the recent decision in Bank of China (Hong Kong) Ltd v Ho Chi Lui, in which a Hong Kong judge struck out court proceedings…
RPC | Hong Kong | 23 Aug 2016
In Crane World Asia Pte Ltd v Hontrade Engineering Ltd the Court of Appeal held that there was no legitimate interest in having a provision in a…
RPC | United Kingdom | 4 Aug 2016
In many cases it will be easy to determine whether a claimant has beaten their Part 36 offer and accordingly whether they are entitled to the…
RPC | OECD, United Kingdom | 19 Jul 2016
As announced in the Budget, and following the publication of the OECD's recommendations on interest expense deductibility, as part of the Base…
RPC | United Kingdom | 6 Jul 2016
HMRC has issued a consultation on the design of the new corporate interest deductibility rules which are to have effect from 1 April 2017. The new…
RPC | Hong Kong | 28 Jun 2016
In May 2016 the Court of Appeal in Hong Kong handed down three consistent decisions confirming that (among other things) prime rate plus 1% should…