Arizona Supreme Court
Marisol Metzler, Plaintiff/appellee v. Bci Coca-Cola Bottling Company of Los Angeles, Inc., Dba Bci Coca-Cola…
July 11, 2014235 Ariz. 141
Summary
The court held that prejudgment interest imposed as a sanction under Rule 68(g) is interest on a judgment, not interest on an obligation, so the applicable rate was 4.25% under subsection (B) rather than 10% under subsection (A). Because the judgment was not effectively entered until after subsection (B) took effect, the amended rate applied. The court vacated the intermediate appellate decision, reversed the superior court's judgment, and remanded for entry of a corrected judgment.