CANAL INS. CO. v. PIZER

No. 1 CA-CV 93-0359.

183 Ariz. 162 (1995)

901 P.2d 1192

CANAL INSURANCE COMPANY, a corporation; Olympic Express Inc., a corporation; Jerry Ritz and Jane Doe Ritz, husband and wife; George Sparks and Jane Doe Sparks, husband and wife, Plaintiffs-Appellees, v. Burton PIZER and Jane Doe Pizer, husband and wife, Defendants-Appellants.

Court of Appeals of Arizona, Division 1, Department D.

Review Denied September 12, 1995.


Attorney(s) appearing for the Case

Mangum, Wall, Stoops & Warden, P.L.L.C. by Daniel J. Stoops, Flagstaff, for plaintiffs-appellees.

Begam, Lewis, Marks, Wolfe & Dasse, P.A. by Elliot G. Wolfe, Phoenix, for defendants-appellants.


OPINION

GERBER, Presiding Judge.

In this appeal from an interpleader action, we consider whether the interpled funds were liquidated so that the claimants could receive prejudgment interest from the date of filing the interpleader action. We also consider whether claimants were entitled to interest on the funds on the basis of an ownership interest in the monies or on equitable grounds. We conclude that the insurer is not liable to pay prejudgment interest...

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