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 Article #  

  (1) If the seller is bound to refund the price, he must also pay interest on it, from the date on which the price was paid.

(2) The buyer must account to the seller for all benefits which he has derived from the goods or part of them:

(a) if he must make restitution of the goods or part of them; or

(b) if it is impossible for him to make restitution of all or part of the goods or to make restitution of all or part of the goods substantially in the condition in which he received them, but he has nevertheless declared the contract avoided or required the seller to deliver substitute goods.


Issues       
# Cases
 1 Accounting for benefits in case of restitution
  1.1 Seller's obligation to pay interest on refunded price
Country # Cases  
Arbitral Award 5  
Date Court
00.00.1993 ICC Court of Arbitration - Paris
23.08.1994 ICC Court of Arbitration - Paris
29.12.1998 Schiedsgericht Hamburger Freundschaftliche Arbitrage
00.03.1999 ICC Court of Arbitration
18.04.2008 CIETAC China International Economic and Trade Arbitration Commission
Belgium 1  
China 1  
France 2  
Germany 3  
Italy 2  
Russian Federation 2  
Spain 2  
Switzerland 3  
Republic of Korea 1  
Poland 1  
23
  1.2 Buyer's obligation to account to seller for benefits derived from goods
4
Total: 27


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