A new Illinois law that allows for plaintiffs to collect pretrial interest on money awarded in some civil suits is causing concern among manufacturers and health care provider
(The Center Square) – A new Illinois law that allows for plaintiffs to collect pretrial interest on money awarded in some civil suits is causing concern among manufacturers and health care providers. Governor J.B. Pritz.
by Kevin Bessler, The Center Square | June 03, 2021 12:00 PM Print this article
A new Illinois law that allows for plaintiffs to collect pretrial interest on money awarded in some civil suits is causing concern among manufacturers and health care providers.
Governor J.B. Pritzker signed SB72 into law last week after vetoing a previous version in March. Pritzker said he did not support a previous version of the bill because its rate of 9% interest was significantly higher than other states. The new version puts the rate at 6%.
Prejudgment interest would not apply to state and local governments, school districts, community colleges and other government entities or consumer debt, nor would it apply to settlements.
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Heplerbroom issued the following announcement on May 25.
Sarah Jansen has been recognized by the Illinois Defense Counsel (IDC) for her key role in a recent favorable appellate court ruling. Jansen was cited for her “pivotal” writing in the appellee’s brief. The underlying case was a wrongful death action. The trial court found appellees had no contractual or common law duty to clean up debris that purportedly affected a roadway drainage system, and the appellate court affirmed the trial court’s judgment in favor of appellees. Grabinski v. Forest Pres. Dist. of Cook Cty, 2020 IL App (1st) 191267.
Jansen, an associate attorney in the firm’s Crystal Lake office, focuses her practice on construction contracts and defense litigation, commercial general liability coverage, risk transfer matters, and municipal law. She was previously an Assistant State’s Attorney for the McHenry County State’s Attorney’s Office and is the former recipient of the Litigation A
Lawmakers Pass Compromise Bill on Pretrial Interest in Personal Injury Cases wsiu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsiu.org Daily Mail and Mail on Sunday newspapers.