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.
Minnesota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal document that seeks to obtain interest on a previously affirmed judgment issued by a Federal District Court in Minnesota. It is important to note that interest can be sought when a judgment has been affirmed on appeal, and it aims to compensate the prevailing party for the delay in receiving the awarded amount. When filing a Minnesota Motion for Interest on an Affirmed Judgment of a Federal District Court, several key elements need to be included. These include: 1. Party Information: Begin the motion by including the names and contact information of the parties involved in the case and their respective legal representatives. 2. Case Details: Provide a summary of the case, including the case name, case number, and the Federal District Court where the judgment was originally obtained. 3. Judgment Details: Explain in detail the nature of the affirmed judgment, including the award amount and the date it was issued by the Federal District Court. 4. Appeal Information: Specify the appellate court where the judgment was affirmed, along with the date when the affirmation occurred. 5. Legal Basis for Interest: Outline the legal authority or statute under which the claim for interest is being made. In Minnesota, interest should be sought under Minn. Stat. § 549.09, which provides for post-judgment interest. 6. Calculation of Interest: Present a detailed calculation of the interest amount sought based on the principal judgment amount and the applicable interest rate as determined by the court. 7. Supporting Documentation: Attach relevant documents to substantiate the motion, such as copies of the affirmed judgment, appellate court decision, and any correspondence related to the case. Types of motions related to a Minnesota Motion for Interest on an Affirmed Judgment of a Federal District Court: 1. Motion for Determination of Interest Rate: If an interest rate was not explicitly stated in the original judgment, a party can file a motion requesting the court to determine the appropriate interest rate to be applied. 2. Motion for Post-Judgment Interest Calculation: In cases where there is a dispute regarding the accurate calculation of interest on the affirmed judgment, a motion can be filed to request the court to recalculate the interest amount. 3. Motion to Stay Interest Accrual: In certain circumstances, a party may file a motion to request the court to temporarily halt the accumulation of interest during specific periods of time, such as during the pendency of an appeal or a settlement negotiation. In conclusion, the Minnesota Motion for Interest on an Affirmed Judgment of a Federal District Court is a crucial document in seeking to obtain the appropriate interest on a confirmed judgment. Its purpose is to compensate the prevailing party for the delay in receiving the awarded amount following a successful appeal.
