Welsh Manufacturing, Division of Textron, Inc. v. Pinkerton's Inc.

OPINION

KELLEHER, Justice.

On March 26, 1980, after a jury verdict for the plaintiff, a judgment was entered awarding the plaintiff, Welsh Manufacturing, substantial damages plus interest computed at the rate of 8 percent per annum. The defendant then took an appeal to this court.

While the appeal was pending, the Legislature, at its January 1981 session, amended G.L.1956 (1969 Reenactment) § 9-21-10 by raising the interest rate due in civil actions from 8 to 12 percent per annum. Public Laws 1981, ch. 54, § 1. The 1981 legislation specifically provided that its terms were to be applied…