BAD PENNIES 2026

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The document titled 'BAD PENNIES' discusses the common law right to claim interest in the context of adjudications under the Construction Contracts Act 2002. It highlights the historical reluctance of English law to award compound interest on late payments and clarifies that while interest can be claimed if stipulated in contracts, there is no general right to it without such provisions. The paper references recent legal opinions, particularly from the House of Lords in Sempra Metals v Commissioner of Inland Revenue, which challenge longstanding rules against awarding interest as damages. It concludes that claims for interest must satisfy remoteness principles and emphasizes the need for clarity in contractual agreements regarding interest.

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Click ‘Get Form’ to open BAD PENNIES in the editor.
Begin by reviewing the introduction section, which outlines the common law right to interest. Familiarize yourself with the context of your claim.
Proceed to fill out any required fields regarding contractual rights of interest. Ensure you specify if your contract includes provisions for interest on overdue payments.
In the section discussing statutory applications, indicate whether your claim relates to adjudications under the Construction Contracts Act 2002.
If applicable, provide details about any Goods & Services Tax (GST) included in your claim, ensuring that it aligns with the guidelines provided in the document.
Finally, review all entries for accuracy and completeness before submitting your form through our platform.

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What does a bad penny always turns up mean?

A bad penny always turns up. Our mistakes return to haunt us; also, nasty people have a way of reappearing.

What is the saying about bad pennies?

British saying from the mid 18 th century. A bad penny always turns up. Someone is unwelcome. They may have done something extremely bad and when they return they are not welcomed.

What is a bad penny that keeps turning up?

It is why the club ignored all the advice to ditch him, like a bad penny, last season.

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