Prejudgment Interest in Contract Disputes

, New York Law Journal


Douglas J. Pepe, a partner with Joseph Hage Aaronson, writes that in the post-crisis era of near zero interest rates, New York's 9 percent prejudgment interest rate can actually prove to be a plaintiff's best investment strategy. Are there options available to defendants to stop the clock on statutory prejudgment interest in contract disputes? In New York state court, the clear answer is "yes." In federal court, the answer is a bit more complicated.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Continue to Lexis Advance®

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at

Originally appeared in print as Stopping the Clock on Prejudgment Interest in Contract Disputes

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202651703729

Thank you!

This article's comments will be reviewed.