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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
Country # Cases  
Arbitral Award 6  
Argentina 1  
Australia 1  
Austria 1  
Belgium 9  
China 1  
France 2  
Germany 35  
Hungary 1  
Italy 1  
Netherlands 5  
Russian Federation 4  
Switzerland 14  
Date Court
16.12.1991 Pretura di Locarno-Campagna
21.12.1992 Zivilgericht Kanton Basel-Stadt
05.12.1995 Handelsgericht St. Gallen
11.03.1996 Tribunal Cantonal de Vaud
11.03.1996 Tribunal Cantonal de Vaud
10.07.1996 Handelsgericht des Kantons Zürich
29.06.1998 Tribunal Cantonal de Sion
30.06.1998 Kantonsgericht Kanton Wallis
21.09.1998 Handelsgericht des Kantons Zürich
28.10.1998 Schweizerisches Bundesgericht
30.11.1998 Handelsgericht Zürich
25.02.1999 Kantonsgericht des Kantons Zug
11.06.1999 Handelsgericht des Kantons Aargau
19.09.2005 Tribunal Cantonal Valais
Belarus 2  
Poland 1  
Slovakia 1  
Croatia 1  
Slovenia 1  
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
23
  4.1 Consideration not required
Total: 213


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