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E-Newsletter - January 2014
The Law Review
SIGNIFICANT PERSONAL INJURY, MEDICAL MALPRACTICE & WRONGFUL DEATH TRIAL ATTORNEYS
4.75 PERCENT YEARLY INTEREST RATE
The office of the Chief Financial Officer has set the quarterly rate of
interest payable on judgments and decrees at 4.74 percent per annum or
.000130137 per day, effective this past October 1, 2013.
Florida Statute 55.03(1) requires the Chief Financial Officer to set rates
of interest every four months.
This interest rate affects our clients in two ways. First, if settlement
checks are not received within thirty days of the settlement date, our
clients will be entitled to interest for the defendant's delay. Second,
when cases that are appealed are resolved favorably, our clients will
be entitled to interest during the appeal term.
For additional information about the current interest rate, please call
our office.
