Pa. Justices Won't Hear Post-Judgment Interest Appeal

Law360, Philadelphia (August 30, 2013, 3:49 PM EDT) -- The Pennsylvania Supreme Court on Thursday shot down an appeal bid from CSX Transportation Inc. challenging a $2.5 million damage award upheld in a recent decision finding that post-judgment interest, even in suits stemming from federal law violations, was guided by state law.

The order leaves intact a precedential March decision by the Superior Court that found that a Philadelphia County court rightly allowed interest to accrue on damages awarded in a Federal Employers Liability Act case beginning the day the jury returned a verdict rather...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.