On December 12, 2012, the Indiana Supreme Court issued four opinions related to the broad discretion of the trial court in awarding prejudgment interest. In Indiana, the Tort Prejudgment Interest Statute (“TPIS”) (or IC § 34-51-4-1 et. seq.), was enacted to “encourage settlement and to compensate the Plaintiff for the lost time value of money.”…Read More
To Award Or Not To Award: Prejudgement Interest Is Ultimately The Court’s Call
Posted on December 21, 2012 in Litigation Analysis
Published by: Hall Render