According to the Maryland Supreme Court, "a party is entitled to prejudgment interest as a matter of right where the obligation to pay and the amount due are 'certain, definite, and liquidated by a specific date prior to judgment,'" Credit: mojo_cp/Stock.adobe.com
After concluding that Meridian Security Insurance Co. had a duty to indemnify an Anne Arundel County couple in an underlying trespass and nuisance lawsuit involving a neighbor, a Maryland federal judge further held that the insurer was responsible for prejudgment interest of $35,000, starting from the date of each attorney invoice.
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