Spang & Co. v. USX Corp.

How courts have described this case

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

• finding that because an appellant failed to request relief in a prior appeal, “the opportunity was lost”
• noting that because defendant could have known the amount of his debt and did not pay it, he delayed litigation and deprived plaintiff of a certain portion of damages
• prejudgment interest is awardable in contract cases as a matter of right, and no exception exists where damages must be determined at trial
• prejudgment interest is awardable in contract cases as a matter of right, and no exception exists where damages must be determined at trial
• the method of calculation of pre-judgment interest is generally simple interest, as opposed to compound interest
• it is up to the discretion of the trial court to award prejudgment interest in a contract action even though plaintiffs recovery was not for liquidated amount

Source: CourtListener parenthetical corpus (CC0).