Bruce Supply Corp. v. D & M Plumbing & Heating Corp.

—In a consolidated action to recover on a labor and material payment bond, the defendant CNA Surety Companies, also known as CNA Continental Insurance Company appeals from so much of a judgment of the Supreme Court, Richmond County (Ponterio, J.), dated November 27, 2000, as, after a nonjury trial, is in favor of the plaintiff and against it in the principal sum of $61,992.74, plus prejudgment interest at the rate of 24% per annum.

Ordered that the judgment is modified, on the law and the facts, by deleting the provision thereof awarding prejudgment interest at the rate of 24% per annum, and…