Michael Baxter, left, and William Zoeller, right, of Schuler, Halvorson, Weisser, Zoeller & Overbeck. Courtesy photo Florida Appellate Ruling Shines Spotlight on Assessment of Pre-Judgment Interest
"We're confident a jury will decide that the pain and suffering Jennie Sanford endured and will endure from unnecessarily losing her father when she was 17 years old is worth much more than how the defendant's insurance company has valued it," attorney Michael Baxter said.
March 31, 2022 at 12:55 PM
6 minute read
A ruling from Florida's Fourth District Court of Appeal recognized that under Florida law, prejudgment interest is not a penalty, but rather is an element of compensatory damages which is traditionally imposed on intangible damages.
The issue arose from Dr. Amarnath Vedere's, Cardiology Partners P.L.'s, and Healthcare Underwriters Group Inc's appeal of a final judgment, following a jury verdict in favor of plaintiff Deborah Sanford, as personal representative of the Estate of Gerald L. Sanford, in a medical malpractice wrongful death suit.
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