Wednesday, November 21, 2012

First Circuit -- Redondo Construction Corp. v. PR Highway and Transportation

Remand to determine whether the statutory level of post-judgement interest should prevail.

Remand to determine whether prejudgment interest was assessed as a penalty.

Court shouldn't have awarded PL more than asked for or proved.

Redondo Construction Corp. v. PR Highway and Transportation
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.