U.S. Court of Appeals for the Fifth Circuit, 1988

Samuel Perez, Etc., Martha Beatriz Sanchez Perez v. The United States of America

Samuel Perez, Etc., Martha Beatriz Sanchez Perez v. The United States of America
U.S. Court of Appeals for the Fifth Circuit · Decided January 11, 1988 · Gee, Per Curiam, Rubin
836 F.2d 214; 1988 U.S. App. LEXIS 698; 1988 WL 623 (Federal Reporter, Second Series)

Samuel Perez, Etc., Martha Beatriz Sanchez Perez v. The United States of America

Opinion

PER CURIAM:

IT IS ORDERED that the petition for rehearing filed in the above entitled and numbered cause be and the same is hereby DENIED. In accordance with our previous holding, the Perezes are entitled to an award of post-judgment interest in accordance with 28 U.S.C. § 1961. Such interest shall be calculated from the date of entry of the judgment, at a rate equal to the coupon issue yield equivalent (as determined by the Secretary of the Treasury) of the average accepted auction price for the last auction of fifty-two week United States Treasury bills settled immediately prior to the date of judgment. 28 U.S.C. § 1961(a) (1982). Interest shall be computed daily to the date of payment, and shall be compounded annually. 28 U.S.C. § 1961(b) (1982).

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