Legislator Jurisprudence & Législation
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ATA/752/2005 • CJ GE ATA/752/2005 Généré par l'IA

Contract Breach Prejudgment Interest Rate Determination

Numéro de cause ATA/752/2005
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Rejeté (Dismissed)
Ouvrir la source officielle Miroir Entscheidsuche Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

The petitioner challenged the application of statutory penalty interest rates, arguing that the lower court misinterpreted the relevant statutory provisions when calculating prejudgment interest following a breach of contract, leading to an excessive award based on the timing of the breach and the statute's effective dates. The court reasoned that the statutory interest rate applicable is determined by the date the breach occurred, as the statute in question was intended to apply prospectively, and therefore the penalty interest should be calculated based on the rate in effect at that time, not the rate in effect later when the judgment was entered, necessitating a recalculation of the damages.

Regeste Legislator

Généré par l'IA

Art. 66 al. 1 LTF, Art. 93 al. 1 let. a LTF; Contract Breach Prejudgment Interest Rate Determination: The court reasoned that the statutory interest rate applicable is determined by the date the breach occurred, as the statute in question was intended to apply prospectively, and therefore the penalty interest should be calculated based on the rate in effect at that time, not the rate in effect later when the judgment was entered, necessitating a recalculation of the damages.

Mots-clés

Généré par l'IA
taux d'intérêt effets de l'arrêt intérêt moratoire légal calcul de la saisie de salaire incitation à violer ou à résilier un contrat clause pénale

Dispositions légales citées

Généré par l'IA
Art. 66 al. 1 LTF
Cited for the imposition of court costs on the appellant.
Art. 93 al. 1 let. a LTF
Cited as the procedural basis for declaring the appeal inadmissible.
Généré par l'IA
A/1086/2004
Contractual Interest Rate vs. Statutory Interest Rate in Breach of Contract
A/1107/2004
Contractual Interest Rate vs. Statutory Default Rate in Damages Calculation
A/677/2005
Statutory vs. Contractual Post-Judgment Interest Rate Calculation
A/2419/2008
Contractual Interest Rate Versus Statutory Interest Rate Dispute
A/3406/2006
Interest Rate and Penalty Calculation Dispute

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

Cited for the imposition of court costs on the appellant.

Art. 93 al. 1 let. a LTF

Cited as the procedural basis for declaring the appeal inadmissible.

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