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Statutory Interpretation – Judgment Interest

By: Derek Hawkins//July 18, 2016//

Statutory Interpretation – Judgment Interest

By: Derek Hawkins//July 18, 2016//

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WI Supreme Court

Case Name: Lands’ End, Inc. v. City of Dodgeville

Case No.: 2015AP179

Focus: Statutory Interpretation – Judgment Interest

Use of interest rate currently in effect as per the amended statute when judgment recovered was proper.

“Deciding when a statute applies retroactively is not always easy; it is not a mechanical task. “The conclusion that a particular rule operates ‘retroactively’ comes at the end of a process of judgment concerning the nature and extent of the change in the law and the degree of connection between the operation of the new rule and a relevant past event.” Landgraf v. USI Film Prods., 511 U.S. 244, 265 (1994). “

Concurring: ZIEGLER, J. concurs (Opinion filed)

Dissenting: PROSSER, J. and ROGGENSACK, C. J. dissent (Opinion filed).

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Attorney Derek A. Hawkins is the managing partner at Hawkins Law Offices LLC, where he heads up the firm’s startup law practice. He specializes in business formation, corporate governance, intellectual property protection, private equity and venture capital funding and mergers & acquisitions. Check out the website at www.hawkins-lawoffices.com or contact them at 262-737-8825.

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