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VAUGHN DEV. v. WESTVACO DEVELOPMENT

No. 4214.

372 S.C. 576 (2007)

642 S.E.2d 757

VAUGHN DEVELOPMENT, INC., Respondent, v. WESTVACO DEVELOPMENT CORPORATION, Appellant.

Court of Appeals of South Carolina.

Decided March 12, 2007.

Attorney(s) appearing for the Case

G. Dana Sinkler, of Charleston, for Appellant.

Frank M. Cisa, of Mt. Pleasant, for Respondent.

STILWELL, J.:

Vaughn Development, Inc. filed this breach of contract action against Westvaco Development Corporation. A jury awarded Vaughn Development $37,492.24, and the trial court awarded prejudgment interest. Westvaco appeals the award of prejudgment interest. We reverse.

FACTS

In 1999, Vaughn Development1 purchased a 19 acre tract of land in Berkeley County from Westvaco for the purpose of developing the tract into...

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