Judgment Interest Calculation Adherence to Mandate
Synthèse Legislator
Généré par l'IAA dispute arose concerning the calculation of interest on a judgment, where the trial court applied a statutory rate intended for contracts to an original judgment based on tort, and the appellate court had previously directed the trial court to recalculate interest based on the statutory rate applicable to judgments. The court reasoned that the trial court was required to adhere strictly to the mandate of the appellate decision, which specified the correct statutory interest rate for judgments, regardless of its own interpretation or any perceived prior agreement between the parties, thus concluding that the trial court erred by reintroducing an incorrect interest calculation.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF; Judgment Interest Calculation Adherence to Mandate: The court reasoned that the trial court was required to adhere strictly to the mandate of the appellate decision, which specified the correct statutory interest rate for judgments, regardless of its own interpretation or any perceived prior agreement between the parties, thus concluding that the trial court erred by reintroducing an incorrect interest calculation.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IAApplied to impose the costs of the appeal on the appellant.
Texte complet
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