We previously posted about a pending bill that would have a significant effect on California punitive damages appeals by reducing the rate of postjudgment interest, currently set at 10 percent. The bill, SB 1117, is set for a hearing before the judiciary committee of the California Senate on April 30. (See the status page for this bill on the legislature’s website.)
Legislation
April 30 Hearing for Proposal to Change the Rate of Post-Judgment Interest
March 31, 2010
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