20SC947- Ford Motor Company v. Walker

Summary

The court held that when a personal-injury judgment debtor appeals, the interest rate switches from the statutory nine-percent rate to the market-based postjudgment rate, regardless of the appeal's outcome. The market-based rate applies from the date of the appealed judgment through satisfaction of the final judgment, including when reversal leads to a new trial and a new money judgment. The court therefore reversed and remanded for recalculation of interest.