Sempra Metals 2007 Restitutionary Interest / unjust enrichment

[Amethyst]

Information on Sempra Metals (Limited) (formerly Metallgesellschaft Limited) v Her Majesty’s Commissioners of Inland Revenue and another [2007] UKHL 34

http://www.solicitorsjournal.com/sto...ion=getsession

In respect of interest, the contribution of Sempra Metals is to hold that, where money has been paid pursuant to an unlawful demand or under a mistake of law, the recipient may have been unjustly enriched, not only by (and to the extent of) the retention of the money actually paid, but also by (and to the extent of) the use made of money. “The use made of the money” may depend on the circumstances of each case, but may mean compound interest.

[Amethyst]

Re: Sempra Metals 2007 Restitutionary Interest / unjust enrichment

Also Full Judgment - Sempra Metals Limited (formerly Metallgesellschaft Limited) (Respondents) v. Her Majesty's Commissioners of Inland Revenue and another (Appellants)

http://www.publications.parliament.u...8/sempra-1.htm