On July 1, 2022, pre-judgment interest in tort related lawsuits became law in Illinois (735 ILCS 5/2-1303). On May 27, 2022, Judge Marcia Maras ruled that law is unconstitutional and invalid. (Hyland v. Advocate, Case No. 17 L 3541). The defendant argued the law violated multiple Illinois Constitutional provisions including: (1) the right to a […]
The post Cook County Judge Finds Pre-Judgment Interest Unconstitutional & Invalid appeared first on Retail, Restaurant & Hospitality Law.