Interest on Distributive Awards

Interest on distributive awards is an important ' and at times overlooked ' aspect of matrimonial practice. When a matrimonial action becomes protracted, an award of prejudgment interest, measured from the date of commencement of the action, may be substantial, especially if the award is at the statutory rate of 9%.

12 minute read December 31, 2013 at 11:00 PM
By
Thomas A. Elliot
Interest on Distributive Awards

Interest on distributive awards is an important ' and at times overlooked ' aspect of matrimonial practice.

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