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MA H443

MA H443
Relative to interest added to damages in contract actions


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

187th General Court

Bill Summary

Relative to interest on disputed attorneys fees. The Judiciary.

AI Summary

This bill amends a Massachusetts law concerning interest added to damages in contract actions, specifically addressing situations where funds are disputed due to attorney fees and have been deposited with the court before a trial. The key provision is that if such funds are held by the court, the only interest that can be added to the final judgment will be the actual amount of interest generated by those court-held funds, preventing additional interest from being charged on the disputed amount.

Committee Categories

Justice

Sponsors (2)

Last Action

Accompanied a study order, see H4364 (on 07/31/2012)

bill text


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