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Home / Opinion Digests / Business Law / Company Owes Prejudgment Interest, No Attorney Fees (access required)

Company Owes Prejudgment Interest, No Attorney Fees (access required)

In addition to holding defendant Sprint Communications liable in damages for breaching its contract with CenturyLink, a Richmond U.S. District Court also orders Sprint to pay plaintiffs prejudgment interest of $2,979,487, but declines to order Sprint to pay CenturyLink’s attorney’s fees. Sprint does not dispute the 12 percent annual rate of prejudgment interest offered by CenturyLink ...

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