Sawyer v. E. F. Drew & Co.
District Court, D. New Jersey
1Opinion of the Court
MODARELLI, District Judge.
The opinion of the court in this case was filed on April 7, 1953, and is found at 111 F.Supp. 1.
Plaintiff moved “for an order settling the terms of the judgment, and specifically to include the interest on the items of salary past due and owing.” This motion presents two questions: (1) Is the plaintiff entitled to interest as an item of damage ? (2) And if so, at what rate ?
Interest is allowed where the damages are liquidated or ascertainable by mathematical calculation. If the amount claimed is reduced by the allowance of an unliquidated set-off or counterclaim,…
2Cases cited4 opinions
- John Agnew Co. v. Board of EducationNew Jersey Court of Chancery · 1914
- Brown v. Home Development Co.New Jersey Court of Chancery · 1941
- Hoelzel v. GavalasSupreme Court of New Jersey · 1947
- Sawyer v. E. F. Drew & Co.District Court, D. New Jersey · 1953
3Cited by2 opinions
- Speed v. Transamerica CorporationDistrict Court, D. Delaware · 1955
- Hartford National Bank & Trust Co. v. E. F. Drew & Co.District Court, D. Delaware · 1960