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State Courts -
Nevada - July 13, 2006
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Kerala Props., Inc. v. Familian, No. 44938,
SUPREME COURT OF NEVADA, July 13, 2006, Decided
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Overview: In breach of contract action, trial court did not err in determining that the prejudgment interest rate under Nev. Rev. Stat. § 99.040(1) was single rate in effect on date when parties signed contract because that was date when the breaching party, the seller of land, incurred obligations to the nonbreaching party, the potential buyer of the land.
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