Legal Opinion
Wm. R. Clarke Corp. v. Safeco Insurance
California Court of Appeal
Decided February 17, 2000No. B123956PublishedCited by 12 opinions
1Opinion of the Court
*357Opinion
VOGEL (Miriam A.), J.
A judgment debtor with an equitable right to an offset calculated the amount due under the judgment by subtracting the offset from the principal amount of the judgment, then using the remainder to calculate postjudgment interest due as of the date of payment. The judgment creditor objected, contending the postjudgment interest should have been calculated before the judgment debtor credited itself with the offset. The trial court agreed with the judgment creditor and so do we.
Facts
In 1990, a property owner retained a general contractor (Keller Construction Company,…
2Cases cited10 opinions
- Denham v. Superior CourtCalifornia Supreme Court · 1970
- Kruger v. Wells Fargo BankCalifornia Supreme Court · 1974
- Barnhill v. Robert Saunders & Co.California Court of Appeal · 1981
- Federal Deposit Insurance Corporation v. Bank of America National Trust and Savings AssociationCourt of Appeals for the Ninth Circuit · 1983
- Offer v. Superior CourtCalifornia Supreme Court · 1924
5 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Fassberg Construction Co. v. Housing AuthorityCalifornia Court of Appeal · 2007
- Hirshfield v. SchwartzCalifornia Court of Appeal · 2001
- Hernandez v. PaiciusCalifornia Court of Appeal · 2003
- Gunderson v. WallCalifornia Court of Appeal · 2011
- FASSBERG CONST. CO. v. Housing AuthorityCalifornia Court of Appeal · 2007
7 more not listed; retrieve them via the Exa API.