Interest through payment
Queens County court rules 2% monthly interest continues on no-fault claims even after judgment entry, rejecting Appellate Term's suggestion of 9% annual rate.
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12 articles by Jason Tenenbaum, Esq.
Post judgment interest at 9%?
New York court clarifies post-judgment interest calculation at 9% per year in no-fault insurance cases, distinguishing between statutory rates and payment procedures.
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Interest was not tolled
New York appeals court rules that no-fault statutory prejudgment interest continues to accrue during litigation delays unless the plaintiff unreasonably caused the delay.
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Tolling of interest due to failure to prosecute
Delta Diagnostic case explains when no-fault statutory prejudgment interest tolling begins - court rules toll starts only after reasonable prosecution period ends.
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Giant Oops from the Appellate Term
Appellate Term grants clarification motion on 9% interest rate in no-fault case despite CPLR 5004 allowing different rates when other statutes apply.
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Is post-judgment interest in a no-fault case 24% per annum or 9% per annum?
Learn whether post-judgment interest in New York no-fault cases is calculated at 24% annually (CPLR 5004) or 9% annually, based on recent appellate decisions.
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Interest when liability is stipulated
Court ruling clarifies that stipulating to liability doesn't trigger prejudgment interest accrual, potentially costing plaintiffs significant money in lengthy cases.
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Tolling of interest
New York no-fault insurance law on statutory interest tolling when providers delay prosecution of claims against insurers.
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Windfall interest
Court denies windfall interest to plaintiff who failed to prosecute no-fault insurance case for three years, demonstrating consequences of litigation delays.
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This one fell under the radar
Expert analysis of NY PIP interest tolling under 65-3.9(d). Learn how procedural delays can cost thousands in Long Island & NYC cases. Call 516-750-0595.
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Understanding New York’s 2% Interest Rule on Overdue No-Fault Claims: DOI Clarification
Expert analysis of NY's 2% interest rule on overdue no-fault insurance claims. DOI clarification from experienced Long Island personal injury attorney.
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Defaults and interest
Understanding no-fault insurance defaults and interest rules in New York. Expert Long Island attorneys explain the SZ Med v Lumbermens decision and 65-3.9(d). Call 516-750-0595.
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