Legal Opinion

Reliable Mechanical, Inc. v. Naylor Industrial Services, Inc.

Court of Appeals of Kentucky

Decided February 11, 2004No. 2002-CA-000321-MRPublishedCited by 19 opinions

1Opinion of the Court

OPINION

COMBS, Judge.

This was an action originally based on a breach of contract. The issue before us on appeal is whether pre-judgment interest awarded to the prevailing party should have been compounded annually. Having considered the arguments we conclude that the trial court did not abuse its discretion in this case by awarding compound interest. Thus, we affirm.

The action underlying this appeal involved a subcontract between Reliable Mechanical, Inc. (“Reliable”), and Naylor Industrial Services, Inc. (“Naylor”), for the cleaning and flushing of pipe systems that had been installed by…

2Cases cited1 opinion

  1. Nucor Corp. v. General Electric Co.Kentucky Supreme Court · 1991

3Cited by19 opinions

  1. Stratton v. Portfolio Recovery Associates, LLCCourt of Appeals for the Sixth Circuit · 2014
  2. Travelers Property Casualty Co. of America v. Hillerich & Bradsby Co.Court of Appeals for the Sixth Circuit · 2010
  3. New London Tobacco Market v. Ky. Fuel Corp.Court of Appeals for the Sixth Circuit · 2022
  4. University of Louisville v. RAM Engineering & Construction, Inc.Court of Appeals of Kentucky · 2005
  5. RT Vanderbilt Co., Inc. v. FranklinCourt of Appeals of Kentucky · 2009

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