Erskine Florida Properties, Inc. v. Hartwell
This text of 451 So. 2d 976 (Erskine Florida Properties, Inc. v. Hartwell) is published on Counsel Stack Legal Research, covering District Court of Appeal of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
We find no error in the issues raised by appellant and therefore affirm. Provided, however, the award of prejudgment interest is incorrectly calculated. Interest accrued at the rate of six percent (6%) per annum to July 1, 1982, the effective date of an amendment to Section 687.01, Florida Statutes (Supp.1982). From July 1, 1982, to the date of judgment, July 19, 1983, interest should have been calculated at twelve percent (12%) per annum. See Meigs & Cope Agency of Florida, Inc. v. Koffey, 435 So.2d 867 (Fla.3d DCA 1983). Cf. Glades County, Fla. v. Kurtz, 101 F.2d 759 (5th Cir.1939). See generally, Annot., 4 A.L.R.2d 93.
The final judgment is affirmed in all respects except as to the rate of prejudgment interest. The case is remanded to the trial court with directions that interest be calculated as indicated above. As modified, the final judgment is affirmed.
AFFIRMED AS MODIFIED.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
451 So. 2d 976, 1984 Fla. App. LEXIS 13667, Counsel Stack Legal Research, https://law.counselstack.com/opinion/erskine-florida-properties-inc-v-hartwell-fladistctapp-1984.