Siemens Westinghouse Power Corp. v. Dick Corp.
District Court, S.D. New York
1Opinion of the Court
DECISION AND AMENDED FINAL JUDGMENT
MARRERO, District Judge.
Plaintiff Siemens Westinghouse Power Corporation (“SWPC”) moves under Federal Rule of 59(e) to amend the Court’s judgment of money damages in its favor to also include prejudgment interest. Defendant Dick Corporation (“Dick”) and its sureties respond that the parties contractually excluded consequential damages, including costs of capital, from any potential liability. Because prejudgment interest is mandatory under New York law, and because prejudgment interest is neither a form of consequential damages nor a cost of capital, the…
2Cases cited5 opinions
- Bulk Oil (U.S.A.), Inc. v. Sun Oil Trading Co.Court of Appeals for the Second Circuit · 1983
- Havens Steel Company v. Randolph Engineering CompanyCourt of Appeals for the Eighth Circuit · 1987
- Minpeco, S.A. v. HuntDistrict Court, S.D. New York · 1988
- Siemens Westinghouse Power Corp. v. Dick Corp.District Court, S.D. New York · 2003
- Siemens Westinghouse Power Corp. v. Dick Corp.District Court, S.D. New York · 2004
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