28 U.S.C.A. § 1961 provides in part that interest shall be allowed on any money judgment in a civil case recovered in a district court. Such interest would continue to accrue throughout an appeal that was later affirmed.
A North Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal filing made in the state of North Dakota to request the court to grant an award of interest on a judgment that has been affirmed by a federal district court. This motion seeks to compensate the prevailing party for the time value of money lost during the period between the entry of the judgment and the actual payment. Keywords: North Dakota, motion for interest, affirmed judgment, Federal District Court, legal filing, award of interest, prevailing party, time value of money, payment. In North Dakota, there are generally two types of Motions for Interest on an Affirmed Judgment of a Federal District Court: 1. Prejudgment Interest Motion: This motion seeks to request the court to grant interest on the judgment amount from the date of the underlying incident or breach until the judgment is entered. The purpose of prejudgment interest is to compensate the prevailing party for the delay in receiving the monetary compensation. 2. Post-Judgment Interest Motion: Once a judgment has been entered and subsequently affirmed by a federal district court, the prevailing party may file a motion to request the court to award interest on the judgment amount from the date the judgment is entered until it is fully satisfied. The purpose of post-judgment interest is to compensate the prevailing party for the delay in receiving payment. The North Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court serves as a vehicle for the prevailing party to receive fair compensation for the time value of money lost during the period between the judgment and its payment. However, it is important to note that the granting of interest on a judgment is not automatic, and the court has discretion in determining whether to award interest and the rate at which it will be calculated. In conclusion, a North Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal filing that seeks the court's approval to grant interest on a judgment amount. It involves two distinct motions: a prejudgment interest motion and a post-judgment interest motion. These motions aim to compensate the prevailing party for the delay in receiving monetary compensation and can help ensure justice and fairness in the resolution of legal disputes.
A North Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal filing made in the state of North Dakota to request the court to grant an award of interest on a judgment that has been affirmed by a federal district court. This motion seeks to compensate the prevailing party for the time value of money lost during the period between the entry of the judgment and the actual payment. Keywords: North Dakota, motion for interest, affirmed judgment, Federal District Court, legal filing, award of interest, prevailing party, time value of money, payment. In North Dakota, there are generally two types of Motions for Interest on an Affirmed Judgment of a Federal District Court: 1. Prejudgment Interest Motion: This motion seeks to request the court to grant interest on the judgment amount from the date of the underlying incident or breach until the judgment is entered. The purpose of prejudgment interest is to compensate the prevailing party for the delay in receiving the monetary compensation. 2. Post-Judgment Interest Motion: Once a judgment has been entered and subsequently affirmed by a federal district court, the prevailing party may file a motion to request the court to award interest on the judgment amount from the date the judgment is entered until it is fully satisfied. The purpose of post-judgment interest is to compensate the prevailing party for the delay in receiving payment. The North Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court serves as a vehicle for the prevailing party to receive fair compensation for the time value of money lost during the period between the judgment and its payment. However, it is important to note that the granting of interest on a judgment is not automatic, and the court has discretion in determining whether to award interest and the rate at which it will be calculated. In conclusion, a North Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal filing that seeks the court's approval to grant interest on a judgment amount. It involves two distinct motions: a prejudgment interest motion and a post-judgment interest motion. These motions aim to compensate the prevailing party for the delay in receiving monetary compensation and can help ensure justice and fairness in the resolution of legal disputes.
