A law that went into effect this week allows pre-judgment interest on financial claims in certain cases, but it exempts the government from having to pay pre-judgment interest.
In May, Pritzker signed Senate Bill 72 that allows 6 percent interest on personal injury and wrongful death claims to accumulate before there’s a court judgment. It went into effect Thursday. Supporters say the measure deters companies from stalling on cases when they get sued.
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