Casper Lodging, LLC v. Akers
Annotate this CaseCasper Lodging, LLC filed this breach of contract case against Robert Akers, alleging that Akers failed to deliver to James Koehler a hotel in compliance with the parties’ agreements. A jury found in favor of Casper Lodging and awarded $1,019,468 in damages, the full amount requested. During the settling of the jury instructions, the parties agreed to allow the circuit court to determine the appropriate date to calculate prejudgment interest in the event the jury found in favor of Casper Lodging. Upon receipt of the verdict, the circuit court declared that prejudgment interest accrued from the date of the delivery of the completed hotel and awarded Plaintiff $997,682 in prejudgment interest. Additionally, the court awarded Plaintiff post-judgment interest on the combined sum of the jury verdict and the prejudgment interest calculation. The Supreme Court (1) reversed the circuit court’s calculation of prejudgment interest and remanded for the court to compute prejudgment interest based on the cost of repairs incurred by Casper Lodging from the date the expenses were incurred; and (2) affirmed on all remaining issues.
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