Illinois Governor Signs Law Imposing Six-Percent Prejudgment Interest
By Michael Hopkins on Jul 01, 2021
Illinois Governor Pritzker signed into law Senate Bill 72 (SB 72), which includes prejudgment interest and amends the Illinois Interest on Judgment Act 735 ILCS 2-1303 (Act). The amendment imposes six-percent prejudgment interest on economic and noneconomic damages in personal injury and wrongful death cases. Click here to read more.