The importance of clearly defining a “commercial rate” is evident in data on corporate borrowing rates. Such rates show wide variation both over time and across the borrowers’ debt maturity, seniority, and credit risk. We suggest a more empirical approach to help tribunals select a prejudgment interest rate that best comports with their interpretation of “commercial rate.” To read more, click the link below.
Regulatory changes present new sources of renewable energy disputes
Despite the continuing effect of the pandemic on financing, investment and construction in many countries, the Americas continued to see substantial additions...