Legal Opinion

Venn v. St. Paul Fire and Marine Ins. Co.

District Court, N.D. Florida

Decided May 9, 1994No. 89-30035-RVPublishedCited by 1 opinion

1Opinion of the Court

ORDER

VINSON, District Judge.

Before the court is a question of law: If the Plaintiff prevails on his bad faith claim against the Defendant, is he entitled to prejudgment interest on the damages award? At stake is more than $2.3 million in simple interest, or more than $3.3 million if interest is compounded. Because the parties stated that meaningful settlement negotiations were unlikely to occur until this question is answered, I ordered briefs on the issue. After receiving briefs from both parties and having considered the arguments raised therein, I conclude that the Plaintiff is not…

2Cases cited15 opinions

  1. Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
  2. Argonaut Ins. Co. v. May Plumbing Co.Supreme Court of Florida · 1985
  3. Auto Mutual Indemnity Co. v. ShawSupreme Court of Florida · 1938
  4. Alvarado v. RiceSupreme Court of Florida · 1993
  5. Royster Company, a Virginia Corporation, Cross-Appellant v. Union Carbide Corporation, a New York Corporation, Cross-AppelleeCourt of Appeals for the Eleventh Circuit · 1984

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3Cited by1 opinion

  1. Venn v. St. Paul Fire & Marine InsuranceCourt of Appeals for the Eleventh Circuit · 1996

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