← All Authorities
United Kingdom Leading Case mistakeunjust enrichment

Sempra Metals Ltd v IRC

[2007] UKHL 34
JurisdictionUnited Kingdom
CourtUK House of Lords
Year2007
StatusBinding authority

Summary

Compound interest is recoverable as a restitutionary remedy for money paid under a mistake of law, abandoning the prior rule restricting recovery to simple interest.

Key Principle

Compound interest is recoverable as a restitutionary remedy for money paid under a mistake of law; the House of Lords abandoned the rule that only simple interest is available.

Area of Law

trusts

Related Cases

Thorne v Kennedy (2017) 263 CLR 85

Prenuptial agreements set aside for unconscionability and undue influence where inequality of bargaining power existed between the parties.

Kakavas v Crown Melbourne Ltd (2013) 250 CLR 392

A casino operator's mere knowledge of a patron's pathological gambling does not constitute unconscionable conduct absent deliberate exploitation of that special disadvantage.

Australian Competition and Consumer Commission v Lux Distributors Pty Ltd [2013] FCAFC 90

A supplier's high-pressure door-to-door sales tactics targeting elderly women constituted unconscionable conduct under the Australian Consumer Law.

Ask CommonBench about this case

Get a detailed analysis of Sempra Metals Ltd v IRC and how it applies to your situation.

Explain Sempra Metals Ltd v IRC