Illinois Governor Signs SB0072, Amending 735 ILCS 5/2-1301 Providing For Prejudgment Interest To Personal Injury Plaintiffs
On May 28, Illinois Governor J.B. Pritzker signed SB 0072 into law. This provision amends 735 ILCS 5/2-3103 and provides for prejudgment interest of 6% for personal injury cases. Interest runs from the date the complaint is filed. Accrual of interest is tolled if a case is voluntarily dismissed. This legislation serves to impose interest […]
Illinois Governor Vetoes Initial Bill Providing for Pre-Judgment Interest to Personal Injury Plaintiffs; Revised Legislation is Pending
On March 25, 2021, Illinois Governor J.B. Pritzker vetoed HB3360, which sought to expand the time frame for pre-judgment interest to plaintiffs in personal injury cases. That bill provided for 9% annual pre-judgment interest on all personal injury and wrongful death claims arising from negligence, willful and wanton misconduct, or intentional misconduct. The bill also […]