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 South Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal document filed by a party seeking the imposition of interest on a judgment that has been affirmed by a higher court. This motion is typically brought by the prevailing party in a lawsuit, after their judgment has been upheld on appeal. The purpose of filing a South Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is to ensure the successful party is compensated for the delay in receiving the monetary award. Keywords: South Dakota, Motion for Interest, Affirmed Judgment, Federal District Court, prevailing party, appeal, delay, compensation, legal document. Different types of South Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court may include: 1. South Dakota Statutory Interest Motion: This type of motion is based on South Dakota state laws that govern the imposition of interest on affirmed judgments. It cites specific statutes that authorize the award of interest and provides arguments as to why the prevailing party is entitled to this compensation. 2. Procedural Motion for Interest: This motion focuses on the procedural aspects of requesting interest on an affirmed judgment. It may argue that the successful party has met all the necessary requirements to file for interest, such as providing a detailed calculation of the amount sought, attaching relevant supporting documentation, and complying with specific court rules or local procedures. 3. Motion for Compounded Interest: In some cases, the prevailing party may request compounded interest on the affirmed judgment. This means that interest is calculated not only on the original judgment amount but also on the previously awarded interest. This type of motion requires additional arguments and legal analysis to support the request for compounded interest. 4. Motion for Prejudgment Interest: If applicable, the prevailing party may file a motion for prejudgment interest, seeking compensation for the period between the time the cause of action arose and the final judgment. This motion argues that the successful party should be entitled to compensation for the time value of money lost during the litigation process. In conclusion, a South Dakota Motion for Interest on an Affirmed Judgment of a Federal District Court is a legal document requesting the imposition of interest on a judgment that has been affirmed by a higher court. The types of motions can vary based on the specific arguments and legal strategies deployed by the prevailing party.
