Life Ins. Co. of Georgia v. Johnson
Supreme Court of Alabama
1Opinion of the Court
This is the third time this case has been before this Court. The issue now concerns postjudgment interest.
Daisey L. Johnson's action against the Life Insurance Company of Georgia resulted in a jury verdict awarding Ms. Johnson $250,000 in compensatory damages and $15 million in punitive damages. The trial court entered a judgment on that verdict on June 2, 1994. At that time, the parties agreed that interest on the punitive damages portion of the judgment would be waived for 30 days to allow the trial court to rule on various posttrial motions filed by Life of Georgia. In disposing of those…
2Cases cited29 opinions
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- Briggs v. Pennsylvania RailroadSupreme Court of the United States · 1948
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- United States Fidelity & Guaranty Co. v. MillonasSupreme Court of Alabama · 1921
- Dunn v. HOVICCourt of Appeals for the Third Circuit · 1993
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