In this post on Kluwer Arbitration Blog, the authors first describe the concept of “normal commercial rate,” and then examine how corporate debt interest rates vary through time as well as across debt and company characteristics. To read the post, click here.
Pre-award interest: Is LIBOR+2% a reasonable commercial rate?
Aside from settings where the pre-award interest rate is set by contract, tribunals are often guided by the notion of a commercial rate (e.g., “Compensation...