ESTABLISHING THE “DATE OF LOSS” AS A PREREQUISITE TO THE AWARD OF PREJUDGMENT INTEREST
By: Alex Beck, Esq., Stearns, Roberts & Guttentag, LLC Prejudgment interest is a type of damage which is suffered due to the loss of use of money which should have been paid at a particular time. Under Florida law, the prevailing party, in contract cases and certain tort cases, is entitled to prejudgment interest on […]
COURT IMPOSES SANCTIONS AGAINST PARTY FOR “NEVER-SAY-DIE” ATTITUDE CHALLENGING ARBITRATION AWARD
By: Richard E. Guttentag, Esq., Stearns, Roberts & Guttentag, LLC The Federal Arbitration Act provides that an arbitration award may be vacated where: (i) the award was procured by corruption, fraud, or undue means; (ii) there was evident partiality or corruption in the arbitrators; (iii) the arbitrators were guilty of misbehavior which prejudiced the rights […]