ELR Citation: ELR 20209
No(s). 78 C 3693 (N.D. Ill. Jun 15, 1992)

The court holds that the 360-day bank year applies in calculating an award to an insurance company of $33,093,782.62 in prejudgment interest in litigation involving the 1978 oil spill that damaged 180 miles of the Brittany coastline in France. The court finds that the 12.31 percent real rate of retu...