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.
A Colorado Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal document filed by a party seeking to obtain interest on a judgment that has been affirmed by the federal district court. Interest on a judgment is typically awarded to compensate the prevailing party for the delay in receiving payment. When a judgment is affirmed by the federal district court, it means that the original decision rendered by a lower court (such as a state court or a federal trial court) has been reviewed and upheld on appeal. However, the process can be lengthy, resulting in a significant delay in the payment of the judgment amount. To compensate for this delay, the prevailing party can file a Motion for Interest on an Affirmed Judgment. The keywords relevant to this topic include: 1. Colorado: This indicates the jurisdiction in which the motion is being filed. The specific rules and procedures may vary depending on the state laws, and in this case, Colorado laws would be applicable. 2. Motion: A motion is a written request submitted to the court by one party in a legal case, in this case, the party seeking interest on an affirmed judgment. 3. Interest: Interest refers to the additional amount of money that is paid on top of the judgment to compensate for the delay in receiving payment. It is typically calculated at a predetermined rate. 4. Affirmed Judgment: An affirmed judgment refers to a final decision made by a higher court (in this case, the federal district court) that upholds the ruling of the lower court. It means that the judgment remains valid and enforceable. Different types of Colorado Motions for Interest on an Affirmed Judgment of a Federal District Court may vary based on the specific circumstances of the case or the relief sought. However, some possible variations may include: 1. Motion for Prejudgment Interest on an Affirmed Judgment: This motion seeks interest from the date the judgment was initially made by the lower court, rather than from the date of the affirmation. It compensates for the time elapsed between the first ruling and the final affirmation. 2. Motion for Post-Judgment Interest on an Affirmed Judgment: This type of motion seeks interest on the affirmed judgment from the date of the affirmation moving forward. It compensates for any delays that occurred during the appellate process. 3. Motion for Compound Interest on an Affirmed Judgment: In some cases, a party may seek to receive compound interest on the affirmed judgment. Compound interest is calculated not only on the original judgment amount but also on any interest that has accrued over time. It is important to note that specific rules and requirements for filing a Colorado Motion for Interest on an Affirmed Judgment of a Federal District Court may vary, so it is crucial to consult with an attorney or legal professional who is familiar with the relevant laws and procedures to ensure compliance and maximize the chances of a successful motion.
