The Mahanoy
This text of 127 F. 773 (The Mahanoy) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
On the settlement of a final decree, the question is presented, whether interest on the damages in a collision case, runs from the beginning, where there is joint fault and the damages are divided. The claimant contends that it should not,, because pending proceedings there is no fixed liability, which is only determined by judicial decision, citing The Itasca (D. C.) 117 Fed. 885, 893, The liability relates back, however, to the collision and it has been usual to allow interest in such cases on the damages when they commence, especially on disbursements, subject to the exercise of the court’s discretion. Spencer on Marine Collisions, § 206. I do not perceive any logical difference where the damages are divided. No such distinction has been observed in this circuit. The Baltic, 3 Ben. 195, Fed. Cas. No. 824. Interest will be allowed from the dates of disbursements.
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Cite This Page — Counsel Stack
127 F. 773, 1904 U.S. Dist. LEXIS 417, Counsel Stack Legal Research, https://law.counselstack.com/opinion/the-mahanoy-nysd-1904.