Legal Opinion · Concurrence

United States v. John P. Hannon

Court of Appeals for the Second Circuit

Decided February 16, 1984No. 10, Docket 83-6070Published

1ConcurrenceNewman, Circuit Judge

Whether and in what circumstances a second judgment may enter that bears interest on the interest accrued on a first judgment is a matter less clear than the majority opinion suggests. To support such compounding of post-judgment interest, the majority relies upon our prior decision in Hellenic Lines Limited v. Gulf Oil Corp., 359 F.2d 403 (2d Cir.1966), and the Fifth Circuit’s decision in Dorey v. Dorey, 609 F.2d 1128 (5th Cir.1980), which read Hellenic as permitting compounding of post-judgment interest. Hellenic is not authority for permitting a party to achieve compounding of…

2Cases cited7 opinions

  1. Edith W. Dorey v. Francis Dorey, Etc., Leo E. Costello, Movant-AppellantCourt of Appeals for the Fifth Circuit · 1980
  2. Hellenic Lines Limited v. Gulf Oil CorporationCourt of Appeals for the Second Circuit · 1966
  3. D'Angelo v. StateNew York Court of Claims · 1951
  4. Yonkers Contracting Co. v. New York State Thruway AuthorityNew York Court of Appeals · 1969
  5. Beneficial Discount Co. v. SpikeNew York Supreme Court · 1977

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