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New Jersey bans interest on future lost wages.

Publication: Trial
Publication Date: 01-SEP-03
Format: Online - approximately 345 words
Delivery: Immediate Online Access

Article Excerpt
The New Jersey Supreme Court has recently revised its civil practice rules to ban prejudgment interest on future economic losses. Plaintiffs generally believe allowing the interest encourages defendants to settle, but defendants disagree.

A rule allowing the interest, accepted by the court in 1972, has survived several challenges. In 2000,...

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