New California Rule allows Recovery of Interest on Borrowed Funds to Pay for Appeal Costs

Recovery of costs on appeal is governed by Rule 8.278 of the California Rules of Court. In a recent amendment, this Rule now allows the prevailing party on appeal to recovery cost of interest on borrowed funds for the purpose of appeal. This case held that, under the older version of this Rule previously in effect, interest costs were not recoverable.
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Robin Mashal
Los Angeles, California
Commercial Litigation
(310) 286-2000

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I am a litigation lawyer, licensed to practice law in the State of California. You can reach me by phone at (310) 286-2000.