Getting What's Due: Prejudgment Interest in IllinoisBy Adam N. HirschAugust 2010Article, Page 412The accrued interest on your client's damage award can add up to real money. This article explains how to get it.
Cwik: state need not pay interest on unclaimed propertyBy Helen W. GunnarssonJuly 2010Lawpulse, Page 342The Illinois Supreme Court rules that the state can divest neglectful owners of interest earned on their property while it's in state custody for safekeeping.
Assignees of debt entitled to original interestMay 2006Illinois Law Update, Page 230On March 3, 2006, the Illinois Appellate Court, Third District, affirmed the decision of the Circuit Court of Knox County, holding that the plaintiff, PRA III, LLC (PRA), was entitled to charge interest on the defendant's debt at the rate agreed upon when the defendant originally incurred the debt, even though PRA was not a party to the original agreement.
No state-law claims of usury against a national bankJanuary 2006Illinois Law Update, Page 16On November 10, 2005, the Illinois Appellate Court, First District, affirmed the decision of the Circuit Court of Cook County, granting summary judgment for defendant EquiCredit Corp of America.
