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Interest Payments Arbitration Awards

Latham & Watkins LLP

Payment of Interest on Arbitration Award to Sanctioned Iranian Entity Prohibited

Latham & Watkins LLP on

In a geopolitically significant case, the English High Court opined on important provisions of the EU sanctions regime. The judgment of the English High Court in Ministry of Defence & Support for Armed Forces of the...more

Dickinson Wright

Michigan Supreme Court Holds That an Insurer’s Untimely Payment of Underinsured Motorist Benefits is Subject To Penalty Interest...

Dickinson Wright on

The Michigan Uniform Trade Practices Act (UTPA) provides for 12% penalty interest on certain no-fault insurance claims that are not timely paid by the insurer. For “third party tort claimants,” penalty interest only applies...more

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