Nebraska Supreme Court

Meiergerd v. Qatalyst Corp.

June 14, 2024316 Neb. 831

Summary

The Nebraska Supreme Court affirmed the Court of Appeals, holding that the 2008 default‑judgment order’s language on post‑judgment interest was ambiguous and should be interpreted to provide simple interest calculated annually, not compound interest. The court reasoned that the record showed no agreement for compound interest and that the per‑day rate reflected a simple‑interest calculation.