Illinois Bar Journal


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Articles on Interest

Getting What’s Due: Prejudgment Interest in Illinois By Adam N. Hirsch August 2010 Article, Page 412 The 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 property By Helen W. Gunnarsson July 2010 LawPulse, Page 342 The 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 interest May 2006 Illinois Law Update, Page 230 On 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. 
Interest on Past-Due Maintenance and Child Support: the New Calculus By David B. Yavitz February 2006 Article, Page 76 A new law imposes interest on overdue support and changes the formula for calculating interest.
No state-law claims of usury against a national bank January 2006 Illinois Law Update, Page 16 On 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.
Calculating interest on child support; are you doing what the law requires? By Helen W. Gunnarsson December 2003 LawPulse, Page 594 There's nothing interesting about calculating interest on overdue child support. But like it or not, you'd best not neglect it, which is what too many lawyers do.
Defending Against Prejudgment Interest Awards in Illinois: From Drafting to Litigation By Justin Lee Heather July 2003 Article, Page 336 Defenses and drafting techniques to help attorneys protect clients from claims for prejudgment interest.