Konover Development Corp. v. Zeller, No. Cv90-53231 (Feb. 8, 1995)
Opinion of the Court
In addition, according to Gillis v. Gillis, supra, the plaintiffs are also entitled to interest under Section
The plaintiffs made an offer of judgment in the amount of $1,000,000.00 on March 5, 1992 which was within eighteen months of the original complaint. Thus, by operation of law, the plaintiff is entitled to interest of 12% per annum from the date of the complaint, September 19, 1990, until the date of verdict, November 9, 1994.
The Court calculates the latter interest to be $635,885.06, which, added to the enhanced verdict of $1,279,200.00, results in a recovery of $1,915,085.06 through the date of the verdict.
BY THE COURT,
GILL, J.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.