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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
DRI and IDC Artificial Intelligence in Construction Seminar
DRI and IDC Artificial Intelligence in Construction Seminar
Defense Research Institute (DRI) and Illinois Defense Counsel (IDC)
February 16, 2021
The Defense Research Institute (DRI) and the Illinois Defense Counsel (IDC) will co-host their Artificial Intelligence in Construction Seminar taking place virtually on February 16, 2021. Artificial intelligence (AI) is not just coming-it s here. Robots already are working in the construction industry, and workers are wearing artificial intelligence. Seminar attendees will learn more about the use of AI today, potential liability issues, contract risk transfer, and new legal theories.
Brian D Andrade, Ph.D., P.E., CESCP, Exponent principal engineer, and Adam Dershowitz, Ph.D., P.E., CFEI, Exponent managing engineer, will present The Machines are Coming - New Technological Advances/Trends in Construction at 7:05AM PT/9:05AM CT. The days of robots, autonomous equipment, and othe
Credit Capitol News Illinois
Only one of the state’s 11 COVID-19 mitigation regions remains at the highest level of restricted activity Thursday, Jan. 21, as the statewide case positivity rate continues to decline.
The Illinois Department of Public Health announced Thursday that Region 7, which includes Will and Kankakee counties, was moved to Tier 1 mitigations, while Region 6 in east-central Illinois moved back to base Phase 4 guidelines.
That left only Region 4 in the Metro East region near the St. Louis, Missouri, border in the strictest Tier 3 mitigations.
“I am excited that 10 out of our 11 regions have moved out of Tier 3 mitigations,” IDPH Director Dr. Ngozi Ezike said in a news release. “However, this does not mean we can let our guard down. We must continue to practice actions to protect ourselves from the virus – wear our masks, avoid large gatherings, and get the vaccine when it is our turn. This is particularly critical as new variants circulate, which earl
Editorâs note: This story is part of an ongoing âLame Duck Look Backâ series in which Capitol News Illinois is following up on the major bills that passed both chambers of the General Assembly in the Jan. 8-13 lame duck session.
SPRINGFIELD â The Illinois General Assembly last week pushed through legislation to allow victims in all personal injury and wrongful death cases to collect interest on money they were awarded by a court starting from the moment the alleged injury or death took place.
House Bill 3360 is meant to deter companies or individuals who are sued from intentionally stalling or delaying cases that would be successful at trial, according to the Illinois Trial Lawyers Association â a major lobbying force behind the bill.
SPRINGFIELD, Ill. â The Illinois General Assembly last week pushed through legislation to allow victims in all personal injury and wrongful death cases to collect interest on money they were awarded by a court starting from the moment the alleged injury or death took place.
House Bill 3360 is meant to deter companies or individuals who are sued from intentionally stalling or delaying cases that would be successful at trial, according to the Illinois Trial Lawyers Association â a major lobbying force behind the bill.
The bill sets prejudgment interest at 9%, the same rate used in Illinois for post judgment interest, which is collected in cases after the court issues a judgment award. The only prejudgment interest, under current Illinois law, is a 5% interest that applies to damages in specific cases that do not include personal injury or wrongful death cases.