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.
Rhode Island Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal procedure that allows the winning party in a federal district court case to request the court to award them interest on the affirmed judgment. This motion seeks to compensate the prevailing party for the time value of money on the original judgment amount from the time it was granted by the court until the date of payment. Keywords: Rhode Island, motion, interest, affirmed judgment, federal district court, winning party, request, court, award, compensate, time value of money, judgment amount, date of payment. Different types of Rhode Island Motion for Interest on an Affirmed Judgment of a Federal District Court: 1. Standard Motion for Interest on an Affirmed Judgment: The standard type of motion filed by a winning party in a federal district court case seeking interest on the affirmed judgment. It includes a detailed explanation of the reasons for requesting interest and calculations of the amount. 2. Motion for Prejudgment Interest on an Affirmed Judgment: In certain cases, the prevailing party may also request the inclusion of prejudgment interest. This motion argues that the interest should be calculated from the date the claim arose rather than from the court's judgment. 3. Motion for Post-Judgment Interest on an Affirmed Judgment: This type of motion is filed when the prevailing party seeks interest to be awarded only on the affirmed judgment itself. It asserts that the winning party should be compensated for the delay in receiving the payment after the judgment was affirmed. 4. Motion for Compound Interest on an Affirmed Judgment: In cases where the prevailing party believes that the interest should be compounded — calculated on both the original judgment amount and the previously accrued interest — this specific motion is filed. It provides legal reasoning and supporting calculations to justify the request for compound interest. 5. Motion for Statutory Interest on an Affirmed Judgment: In Rhode Island, there may be specific statutes that govern the calculation and award of interest on affirmed judgments. This type of motion references the applicable state law and argues for the application of statutory interest rates to the affirmed judgment. In summary, a Rhode Island Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal document filed by the winning party requesting the court to award them interest on the affirmed judgment. There can be variations of this motion, including those seeking prejudgment or post-judgment interest, compound interest, or in accordance with state statutory rates.
