Legislature Should Amend Law on Prejudgment Interest

, New York Law Journal

   | 0 Comments

Because of a settlement, whether a plaintiff is entitled to prejudgment interest from the moment a defendant concedes liability will not be decided by the Court of Appeals. To properly reflect the legislative intent and the court's previous decisions, the legislature should amend CPLR 5002.

This premium content is reserved for New York Law Journal subscribers.

Continue reading by getting started with a subscription.

Already a subscriber? Log in now

What's being said

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

Preparing comment abuse report for Article #1202799859937

Thank you!

This article's comments will be reviewed.