Indiana Supreme Court

International Business Machines Corporation v. State of Indiana, acting on behalf of the Indiana Family & Social…

October 10, 2019

Summary

The Indiana Supreme Court held that IBM’s post-judgment interest on its $49.5 million offset begins from the judgment on remand, not the original judgment, because the original judgment was not final while damages and offsets remained unresolved. It applied the statute governing money judgments owed by the State and affirmed the trial court and the remaining portions of the appellate decision. Justice Slaughter, concurring in part and dissenting in part, would have treated the State’s Hybrid-system costs as consequential rather than direct damages.