BENCH BLOG: Calculating interest in settlements
How long should it take for an insurer’s check to arrive after a settlement has been reached? Does it matter on which continent the insurer is located? The Court of Appeals recently analyzed these questions.
Contracts — late payments — interest
2011AP503 Transwood Inc. v. WRR Environmental Services Co. Inc.
Walker signs bill cutting interest rates on civil judgments
MADISON, Wis. (AP) – Gov. Scott Walker has signed into law a bill that reduces interest charged on court judgments. Walker signed the bill Wednesday. The bill reduces current interest rates charged on civil judgments. Currently, people ordered to pay court judgments face 12 percent annual interest. The bill changes that to make it the […]
City ordered to repay tax interest
The city of Milwaukee will have to refund an oil company more than $530,000 in tax interest, according to an appellate court decision that found that the company was taxed differently than similar businesses.
Interest rate must be included in retainer
Attorneys who want to charge more than 5 percent interest on unpaid fees have to provide for it in the retainer agreement.
2010AP276 Ziolkowski Patent Solutions Group, S.C., v. Great Lakes Dart Manufacturing, Inc.
Contracts Attorneys; interest A law firm is not entitled to 18 percent interest on its unpaid legal bills when its attorney fee retainer agreement was silent on interest. “Attorneys have a burden to clearly draft their legal fee agreements. Gorton v. Hostak, Henzl & Bichler, S.C., 217 Wis. 2d 493, 508, 577 N.W.2d 617 (1998). […]
Legal News
- Federal appeals court approves high-voltage power line through Mississippi River refuge
- Dane County residents encouraged to weigh how to spend federal funds
- Jurors should have considered stand-your-ground defense in sawed-off shotgun killing, judges rule
- Money isn’t enough to smooth the path for Republican candidates hoping to retake the Senate
- Milwaukee election leader ousted 6 months before election in presidential swing state
- Former President Trump calls for arrest of special prosecutor Jack Smith
- Wisconsin judge dismisses lawsuit challenging state’s new wolf management plan
- Wisconsin Supreme Court issues opinion on Milwaukee Police officer fired over Facebook posts
- Gov. Evers Seeks applicants for Menominee County Register of Deeds
- Donald Trump calls Joe Biden weak on antisemitism, ignoring his own rhetoric
- Gov. Evers again calls Republican lawmakers into special meeting
- CIA is obstructing justice and witness tampering in Havana Syndrome cover up, attorney says
WLJ People
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