Advanced Retail Marketing, Inc. v. News America Marketing FSI, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment, Supreme Court, New York County (Jane Solomon, J.), entered April 10, 2002, which, after a nonjury trial, awarded plaintiff the total amount of $5,537,511.44, including prejudgment interest from the date of the posttrial decision, but without an additional 1% as per the late payment provision in the underlying agreement, unanimously modified, on the law, to include prejudgment interest from December 30, 2001, and otherwise affirmed, without costs.
Plaintiff, as prevailing party in this action for breach of contract, is entitled to prejudgment interest (see Delulio v 320-57 Corp., 99…
2Cases cited8 opinions
- Thoreson v. Penthouse International, Ltd.New York Court of Appeals · 1992
- Spodek v. Park Property Development AssociatesNew York Court of Appeals · 2001
- Thoreson v. Penthouse International, Ltd.Appellate Division of the Supreme Court of the State of New York · 1992
- J. R. Loftus, Inc. v. WhiteNew York Court of Appeals · 1995
- 155 Henry Owners Corp. v. Lovlyn Realty Co.Appellate Division of the Supreme Court of the State of New York · 1996
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