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· 12/14/2023

John R. Luongo v. Micharel A. Luongo Jr.

Citations

  • 2023 ME 75

How courts have described this case

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

  • \penalizes defendants because ... interest rates on relatively safe investments will typically ride several percentage points above the rate of inflation\
  • “penalizes defendants because . .. interest rates on relatively safe investments will typically ride several percentage points above the rate of inflation”
  • “As evidence becomes available that the next 20 or 30 years will not be like the past 20 or 30 years, then the Feldman [real interest rate] approach is less helpful.”
  • “In those instances where the substantive law permits a court to award pre-judgment interest, the court must discount the damage figure back to the date of the event, i.e. injury or death, and may award pre-judgment interest for the period between the event and judgment.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Valerie Stanfill, Andrew M. Mead, Jospeh M. Jabar, Catherine R. Connors, Andrew M. Horton, Rick E. Lawrence, Wayne R Douglas

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.