28 U.S.C.A. § 1961 provides in part that interest shall be allowed on any money judgment in a civil case recovered in a district court. Such interest would continue to accrue throughout an appeal that was later affirmed.
Title: Understanding Alaska Motion for Interest on an Affirmed Judgment of a Federal District Court Description: An Alaska Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal procedure that allows a party to seek additional interest on a judgment that has been affirmed by a federal district court. This type of motion aims to compensate the prevailing party for the delay in receiving payment. Keywords: Alaska, motion for interest, affirmed judgment, federal district court, legal procedure, prevailing party, additional interest, payment delay. Types of Alaska Motions for Interest on an Affirmed Judgment of a Federal District Court: 1. Prejudgment Interest Motion: A Prejudgment Interest Motion is filed before the judgment is affirmed by the federal district court. It requests the court to determine and award interest from the date the claim arose until the judgment is entered. 2. Post-judgment Interest Motion: A Post-judgment Interest Motion is filed after the judgment has been affirmed by the federal district court. This motion seeks to obtain interest on the affirmed judgment from the date of judgment until payment is made. 3. Calculation of Interest Motion: The Calculation of Interest Motion is used to request the court to determine the amount of interest owed on an affirmed judgment. It involves presenting evidence and arguments to aid the court in accurately calculating the appropriate rate and duration of interest. 4. Rate Adjustment Motion: In the case of changing economic conditions that affect interest rates, a Rate Adjustment Motion can be filed. This motion asks the court to adjust the interest rate applied to the affirmed judgment to account for fluctuations in the prevailing market rates. 5. Time Extension Motion: A Time Extension Motion is utilized when the prevailing party requires additional time to pay the affirmed judgment with interest. The motion seeks an extension of the original payment deadline, allowing the party to satisfy their financial obligations within an extended timeframe. 6. Enforcement Motion: If the party obligated to pay the affirmed judgment fails to comply, an Enforcement Motion can be filed. This motion requests the court's intervention in ensuring the prompt payment of the judgment amount, including any interest awarded. In conclusion, an Alaska Motion for Interest on an Affirmed Judgment of a Federal District Court provides a method for the prevailing party to seek additional interest compensation on an affirmed judgment. Different types of motions exist to cover various aspects, such as calculating interest, adjusting rates, obtaining time extensions, and enforcing payment.
