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.
Iowa Motion for Interest on an Affirmed Judgment of a Federal District Court refers to a legal document filed in the state of Iowa requesting the court to award interest on a previously affirmed judgment from a federal district court. This motion aims to compensate the prevailing party for any additional costs or losses incurred during the pending period following the initial judgment until the time of final payment. Key elements and information typically found in an Iowa Motion for Interest on an Affirmed Judgment of a Federal District Court include: 1. Parties Involved: The motion will identify the names and roles of the parties involved in the case, including plaintiffs, defendants, and any other relevant parties. 2. Case Information: The motion will include details about the case, such as the case number, the date the initial judgment was affirmed by the federal district court, and any other relevant dates or court proceedings. 3. Basis for Interest: The motion will outline the legal basis for seeking interest on the affirmed judgment, usually citing relevant Iowa statutes or case law that allow for post-judgment interest. 4. Amount of Interest: The motion will specify the amount of interest being sought, generally calculated based on the outstanding judgment amount and the applicable interest rate for the given period. 5. Supporting Documentation: The motion may be accompanied by supporting documentation, such as a copy of the affirmed judgment, documentation indicating the date of the judgment's affirmation, and any evidence proving the period of delay in payment or additional costs incurred. Iowa Motion for Interest on an Affirmed Judgment of a Federal District Court may have different types based on specific circumstances. Some potential variations include: 1. Iowa Motion for Prejudgment Interest: This type of motion is filed when the prevailing party seeks interest on the judgment amount from the date the claim arose until the date of the final judgment. 2. Iowa Motion for Compound Interest: In certain cases, the prevailing party may request compound interest if allowed by law. Compound interest accrues on the initial judgment amount and any previously accumulated interest. 3. Iowa Motion for Statutory Interest: If a specific statute in Iowa law provides for a predetermined interest rate on affirmed judgments, a motion may be filed to request interest in accordance with that statute. 4. Iowa Motion for Attorney's Fees and Costs: In addition to interest, a motion can also be filed to recover reasonable attorney's fees and costs associated with pursuing the post-judgment interest. Overall, an Iowa Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal tool used to seek compensation for the prevailing party's losses caused by delayed payment of an affirmed judgment. By filing this motion, the party hopes to receive the appropriate amount of interest to fairly compensate for any additional financial burden endured during the pending period.
