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.
The District of Columbia Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal procedure that allows parties involved in a case to request the court to award interest on a previously approved judgment. This motion can be filed by either the prevailing party, seeking to collect additional compensation for the delay in receiving the judgment amount, or by the judgment debtor, hoping to mitigate the accrual of interest. When a federal district court judgment is affirmed, it means that the decision of the lower court has been upheld by a higher court, such as the United States Court of Appeals for the District of Columbia Circuit. However, the process of fully enforcing and collecting the judgment amount can often take time, primarily due to appeals, procedural delays, or the financial circumstances of the judgment debtor. The District of Columbia Motion for Interest on an Affirmed Judgment of a Federal District Court can play a crucial role in ensuring that the prevailing party is compensated fairly for the delay in receiving the judgment amount. By filing this motion, the prevailing party essentially seeks to have the court calculate and award interest on the judgment amount, which represents the time value of money and accounts for the opportunity cost of not having access to the funds sooner. Key keywords relevant to this topic include: 1. Motion: Refers to a formal request submitted to the court by one of the parties involved in the case. 2. Interest: The additional amount of money awarded to compensate for the delay in receiving the judgment amount. 3. Affirmed Judgment: A decision made by a higher court that upholds the ruling of the lower court. 4. Federal District Court: The trial-level court within the federal judicial system where the original judgment was rendered. 5. Prevailing Party: The party who was successful in obtaining the judgment in their favor. 6. Judgment Debtor: The party against whom the judgment was entered, and who is required to pay the judgment amount. 7. United States Court of Appeals for the District of Columbia Circuit: The appellate court that has jurisdiction over appeals originating from the federal district court within the District of Columbia. There are no different types of District of Columbia Motion for Interest on an Affirmed Judgment of a Federal District Court. However, variations may occur in the specific circumstances, amounts involved, or legal arguments presented within each individual motion.
