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Home / Opinion Digests / Contract didn’t include post-judgment interest (access required)

Contract didn’t include post-judgment interest (access required)

Where the parties’ contract stated that late payments were subject to 10% interest, that provision did not expressly apply to post-judgment interest. As such, the prevailing party was entitled only to the statutory post-judgment interest rate in 28 U.S.C. § 1961. Background On March 31, 2020, the court granted plaintiff’s motion for summary judgment, finding that defendants ...