Building Law Reports

General editors: The Hon Sir Robert Akenhead; Dominique Rawley KC; Marc Lixenberg; Omar Eljadi; Felicity Dynes and David Johnson; Consulting editor: Mr Justice Fraser

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CLAYMORE SERVICES LTD v NAUTILUS PROPERTIES LTD

[2007] BLR 452

QUEEN’S BENCH DIVISION TECHNOLOGY AND CONSTRUCTION COURT

Before Mr Justice Jackson

Interest - Section 35A Supreme Court Act 1981 - Period - Delay in prosecuting claim - Whether unreasonable delay - Whether claimant entitled to interest during period. Interest - Section 35A Supreme Court Act 1981 - Rate - Judgments Act 1838 - Commercial dispute - Base rate plus margin - Cost to claimant of borrowing - Appropriate margin - Whether margin of 1 per cent applicable or some higher percentage.

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