Accumulation of Moratory Interest and Late Payment Penalty Cover Image

За кумулирането на мораторната лихва и неустойка за забава на парично задължение
Accumulation of Moratory Interest and Late Payment Penalty

Author(s): Krasimir Mitev
Subject(s): Law, Constitution, Jurisprudence, Commercial Law, Court case
Published by: Пловдивски университет »Паисий Хилендарски«
Keywords: moratorium interest; late payment penalty
Summary/Abstract: The issue of the moratorium interest and late payment penalty was discussed througout the practice of Supreme (Cassation) Court of Republic of Bulgaria and those of the Arbitration Court at the Chamber of Commerce and Industry. The concept of “accumulation” is being clarified. The author draws attention to the “non bis in idem” principle.