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Home / Uncategorized / Full interest is owed until judgment, then credit is due (access required)

Full interest is owed until judgment, then credit is due (access required)

Where a plaintiff who settles with several defendants but gains a verdict against the remaining defendant, he is entitled to prejudgment interest on the full amount of the verdict, a Portsmouth Circuit judge has ruled in a case of first impression. The defendant is entitled to a credit for the amount of the settlement when calculating ...

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