Stoor's Inc. v. Idaho Department of Parks & Recreation
Idaho Supreme Court
1Opinion of the Court
BISTLINE, Justice.
This appeal raises the question whether prejudgment interest was properly awarded to the plaintiffs-respondents, the Stoors. We hold that it was not, because the principal amount of liability had not been judicially reduced to a liquidated amount. Therefore, prejudgment interest was not ascertainable by simple mathematical computation, because no such interest would accrue until there was a sum certain against which interest could accrue.
The Department of Parks and Recreation had a lease agreement with Mr. Stoor. This agreement granted Mr. Stoor the right to construct and…
2Cases cited7 opinions
- Taylor v. HerboldIdaho Supreme Court · 1971
- Davis v. Professional Business Services, Inc.Idaho Supreme Court · 1985
- Farm Development Corporation v. HernandezIdaho Supreme Court · 1970
- United States Fidelity & Guaranty Co. v. Clover Creek Cattle Co.Idaho Supreme Court · 1969
- Child v. BlaserIdaho Court of Appeals · 1986
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- Swanson v. SwansonIdaho Supreme Court · 2000
- Doolittle ex rel. Doolittle v. Meridian Joint School District No. 2Idaho Supreme Court · 1996
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