Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Suzlon Energy Ltd v Bangad (No 2) [2014] FCA 1173 Citation: Suzlon Energy Ltd v Bangad (No 2) [2014] FCA 1173
Parties: SUZLON ENERGY LTD AND OTHERS NAMED IN THE SCHEDULE; SANJEEV BANGAD AND OTHERS NAMED IN THE SCHEDULE
File number: NSD 1670 of 2008
Judge: RARES J
Date of judgment: 5 November 2014
Catchwords: DAMAGES – pre-judgment interest on foreign currency amount under s 51A of the Federal Court of Australia Act 1976 (Cth) – assessment of appropriate rate of pre-judgment interest to apply where principal amounts in United States dollars and euros – where large interest rate differential between cash rates in Australia and those of other currencies – compensatory purpose of award of pre-judgment interest
Legislation: Federal Court of Australia Act 1976 (Cth) s 51A
Cases cited: Haines v Bendall (1991) 172 CLR 60 applied Suzlon Energy Ltd v Bangad [2014] FCA 1105 referred to
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