Adams ex rel. Adams v. American International Group, Inc.
(1st dist. 5th div. 2003)
Words & Phrases
Pre Judgment Interest
Trial Judge
Madden
Appellate Judge
Hartigan
Holding
Settlement of tort action documented with a release of all claims which acknowledges that consideration has been paid is not an “instrument of writing” as contemplated by the Illinois Interest Act and therefore no interest is due under that document.
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