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BALES-SCHUMACHER INC. v. FREELAND M.A.

No. 5544-C of 1986.

7 Pa. D. & C. 4th 518 (1990)

Bales-Schumacher Associates Inc. v. Freeland Municipal Authority

Common Pleas Court of Luzerne County, Pennsylvania.

August 10, 1990.

Attorney(s) appearing for the Case

Pasco L. Schiavo, for plaintiff.

Peter J. Fagan, for defendant.

BROMINSKI, J., August 10, 1990.

This matter comes before the court upon the petition of Bales-Schumacher Associates Inc., for a rule to show cause why interest on a jury verdict in the amount of $74,200 against respondent, Borough of Freeland Municipal Authority, should not be computed at the New York prime rate for financial institutions on loans, plus 2.5 percent, compounded. Respondent's answer to said petition incorporates a request that interest be computed...

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