Metzler v. Bci Coca-Cola Bottling Company of Los Angeles, Inc.
Arizona Supreme Court
1Opinion of the Court
VICE CHIEF JUSTICE PELANDER,
opinion of the Court.
¶ 1 The issue here is whether prejudgment interest awarded as a sanction pursuant to Arizona Rule of Civil Procedure 68(g) is interest on an “obligation” under AR.S. § 44-1201(A) or “interest on a[ ] judgment” under § 44-1201(B). We hold that it is interest on a judgment and, therefore, the applicable prejudgment interest rate in this case is 4.25% under subsection (B), rather than 10% under subsection (A).
I
¶2 This case is complicated in its procedural history but not its underlying facts. While shopping at a Tucson grocery store, Marisol…
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