What is the rationale for a court's decision not to award prejudgment interest?
MultiRegion, United States of America
The following excerpt is from Ackerman v. Western Elec. Co., Inc., 860 F.2d 1514 (9th Cir. 1988):
The same rationale warrants affirmance of the court's decision not to award prejudgment interest. Such an award is discretionary and Ackerman advances no strong reasons for overturning the court's judgment. See Greater Westchester Home-Owners Ass'n v. City of Los Angeles, 26 Cal.3d 86, 102, 160 Cal.Rptr. 733, 740, 603 P.2d 1329, 1336 (1979), cert. denied, 449 U.S. 820, 101 S.Ct. 77, 66 L.Ed.2d 22 (1980).
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