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Companies Defending Personal Injury or Wrongful Death Suits in Illinois Will Face Prejudgment Interest If New Bill Becomes Law Tuesday, March 16, 2021
A new bill sitting on Illinois Governor J.B. Pritzker’s desk could change the calculus for defendants in personal injury and wrongful death lawsuits by entitling plaintiffs to prejudgment interest both in future lawsuits and in lawsuits that have already been filed. The bill could make plaintiffs’ verdicts more costly for defendants while also inflating settlement amounts.
HB3360 passed both houses on January 13 and went to the governor on February 4 for signature. If the bill becomes law, it will amend the Code of Civil Procedure (735 ILCS 5/2-1303) to provide plaintiffs with prejudgment interest on all damages awarded in personal injury and wrongful death cases in Illinois.[1] Previously, plaintiffs were entitled only to postjudgment interest in these cases. The bill entitles plaintiffs to collect pr
BIPA reform bill passes committee in bi-partisan vote; Trial lawyers did not oppose madisonrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from madisonrecord.com Daily Mail and Mail on Sunday newspapers.
Gov. J.B. Pritzker is facing a decision on legislation that will either anger a group of those he’s politically allied with or others who represent the front line in the
Lawyers vs Nurses | Alton Daily News altondailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from altondailynews.com Daily Mail and Mail on Sunday newspapers.