Prejudgment Interest: Issues and Case Studies
Litigation Economics Digest
Prejudgment interest can be an important component of a legal claim. For example, Richard Nixon’s estate is seeking $213 million as "just compensation" for the Watergate tapes and White House papers--S35.5 million for the property confiscated by the government in 1974 and $177.5 million in prejudgment interest (Jackson, 1999). The law concerning such interest, however, is complex, inconsistent among states, and may contain a bias against plaintiffs. Further, the damage model applied may affect the applicability of prejudgment interest and/or the degree that interest is necessary to make the plaintiff whole
Bowles, Tyler J., and W. Cris Lewis. “Prejudgment Interest: Issues and Case Studies.” Litigation Economics Digest 4(2, Fall 1999):109-18.