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Daily Archives: Thursday, August 15, 2019

Posted: August 15, 2019

Court Declines to Award Prejudgment Interest on Unjust Enrichment Damages Award

On July 27, 2019, Justice Friedman of the New York County Commercial Division issued a decision in Ostad v. Nehmadi, 2019 NY Slip Op. 32250(U), declining to award prejudgment interest on an unjust enrichment damages claim, explaining: Mr. Ostad’s motion for pre-judgment interest on the award of $400,000, pursuant to CPLR 5001(a), will also be... Read more »