Superior Court sets 19.9 percent interest on portion of $1M personal injury settlement
Lawtimesnews
Ontario Superior Court ordered 19.9% interest on $200,000 and 3% on remaining settlement amounts in a personal injury case.Summary
The Ontario Superior Court ruled on a personal injury settlement involving $1 million plus costs, awarding 19.9% interest on $200,000 and 3% on the remaining balance. The court also addressed substantial indemnity costs and hearing expenses, reducing some fees requested by the plaintiff. The case arose from a 2017 motor vehicle collision where the plaintiff suffered life-altering injuries.
(Source：Lawtimesnews)