Current Status of Prejudgment Interest in Illinois
By Mallory Sanzeri
Young Lawyers Division,
March 2023
On May 28, 2021, Governor J.B. Pritzker signed into law Senate Bill 0072, amending section 735 ILCS 5/2-1303(c), which established the first prejudgment interest rule in the state.
Pre-trial interest vs. pre-trial inflation
By Phillip Rushing & Kennith Blan
Civil Practice and Procedure,
June 2005
Absent statutory authority, pre-judgment interest is not recoverable in tort actions in Illinois. Cress v. Recreation Services, Inc., 341 Ill.App.3d 149, 795 N.E.2d 817 (2nd Dist. 2003), appeal denied, 206 Ill.2d 615.
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