Facts
- Foakes owed Beer a £2000 debt following a court order
- Foakes negotiated with Beer that he could pay £500 immediately then the rest in instalments
- Once payment was complete, Beer bought an action for the interest owed
Issue
- Could Foakes be liable for interest
Decision
- Yes, claim allowed
Reasoning
- As per Pinnel’s Case [1602], part payment of a debt is not satisfaction of the whole. As such, interest was owed as there had been only part payment
