First National Bank of Chicago, F/k/a Nbd Bank, Cross-Appellee v. Standard Bank & Trust

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that the regulatory history of a regulation is relevant in determining the intent of the regulation
• awarding prejudgment interest in an IDEA attorneys’ fees case under an identical rationale
• court should depart from the prime rate only when it “engages in ‘refined rate-setting’ directed at determining a more accurate market rate for interest”
• ordinarily, to “award something other than the prime rate is an abuse of discretion”
• “Our practice has been to use the prime rate as the benchmark for prejudgment interest unless either there is a statutorily defined rate or the district court engages in ‘refined rate-setting’ directed at determining a more accurate market rate for interest.”
• “Our practice has been to use the prime rate as the benchmark for prejudgment interest unless either there is a statutorily defined rate or the district court engages in ‘refined rate-setting’ directed at determining a more accurate market rate for interest.”

Source: CourtListener parenthetical corpus (CC0).