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HUDSON COUNTY CHAMBER OF COMMERCE v. JERSEY CITY

153 N.J. 254 (1998)

708 A.2d 690

HUDSON COUNTY CHAMBER OF COMMERCE, HUDSON COUNTY DISTRICT COUNCIL OF LABORERS PENSION FUND, SQUARE PLUS OPERATING CORP., CUNNINGHAM GRAPHICS, INC., AND MARGULIES, WIND, HERRINGTON & KNOPF, A PROFESSIONAL CORPORATION, PLAINTIFFS-RESPONDENTS, v. CITY OF JERSEY CITY, DEFENDANT-APPELLANT.

The Supreme Court of New Jersey.

Decided April 9, 1998.

Attorney(s) appearing for the Case

Dennis J. Drasco, argued the cause for appellant (Lum, Danzis, Drasco, Positan & Kleinberg, attorneys; Mr. Drasco and Colin M. Danzis, of counsel and on the briefs).

Robert E. Margulies, argued the cause for respondents (Margulies, Wind, Herrington & Knopf, attorneys; Jack Jay Wind, on the briefs).

William John Kearns, Jr., argued the cause for amici curiae New Jersey State League of Municipalities and New Jersey Institute of Municipal Attorneys (Kearns, Vassallo, Guest & Kearns, attorneys).

PER CURIAM.

We affirm the judgment of the Appellate Division substantially for the reasons set forth in that court's opinion. 310 N.J.Super. 208, 708 A.2d 699 (1997). However, we conclude that prejudgment interest should not have been awarded. Because Jersey City is a governmental entity and interest is not provided for by statute, "particular circumspection" in the granting of prejudgment...

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