Scott M. Matheson Courthouse, home of the Utah Supreme Court. Credit: Wikipedia Utah High Court Affirms Lower, 2.29% Postjudgment Rate in $9.5M Arbitration Dispute
"The UFJA provides a means of domesticating a foreign judgment and identifies how Utah courts must treat these domesticated judgments. Although the UFJA does not specifically address the question of postjudgment interest, subsection 78B-5-302(3) supports the district court's conclusion," Justice John Pearce said.
March 11, 2024 at 10:24 AM
4 minute read
In a $9.5 million arbitration dispute between a Utah-based construction company and a condominium development in Hawaii, the Utah Supreme Court affirmed a lower court's order awarding a lesser, Utah postjudgment rate.
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