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  If a party fails to pay the price or any other sum that is in arrears, the other party is entitled to interest on it, without prejudice to any claim for damages recoverable under article 74.


Issues       
# Cases
 1 Right to interest
18
  1.1 In case of late payment of price
87
  1.2 In case of other sums in arrears
25
 2 Applicable interest rate
5
  2.1 Determined by domestic law of creditor's State
19
   2.1.1 Recourse to statutory rate of interest
25
   2.1.2 Recourse to average bank lending rate of interest
11
  2.2 Determined by domestic law of debtor's State
7
  2.3 Determined by domestic law governing the contract in the absence of CISG
97
  2.4 Determined by domestic law of place of payment
4
  2.5 Interest rate currently used with respect to currency of account
16
 3 Interest accrual
38
 4 Other claims for damages according to Art. 74
Country # Cases  
Arbitral Award 2  
Belgium 2  
France 1  
Germany 9  
Netherlands 1  
Switzerland 8  
Date Court
01.09.1994 Kantonsgericht Zug
21.09.1995 Handelsgericht Zürich
05.12.1995 Handelsgericht St. Gallen
10.07.1996 Handelsgericht des Kantons Zürich
05.02.1997 Handelsgericht Zürich
19.12.1997 Handelsgericht des Kantons Aargau
28.10.1998 Schweizerisches Bundesgericht
25.02.1999 Kantonsgericht des Kantons Zug
23
  4.1 Consideration not required
Total: 213


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