Publications

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

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.

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