Does a dispute between the parties regarding the amount of damages owed under an express contract preclude an award of prejudgment interest?
California, United States of America
The following excerpt is from Sacramento Mun. Util. Dist. v. FCC Corp., C064248, Super. Ct. No. 05AS00862 (Cal. App. 2012):
The mere fact of a dispute between the parties regarding the amount of damages does not preclude an award of prejudgment interest. "The existence of a bona fide dispute between the parties as to the amount owing under an express contract does not render that sum 'unliquidated.'" (Rabinowitch v. Cal.
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