CHAPTER 16: JUDGMENT AND POSTJUDGMENT REMEDIES
§ 16.08. Interest on Judgments
Pursuant to 28 U.S.C. 1961, post-judgment interest shall be allowed on any money judgment in a civil case recovered in a district court. The interest is calculated at a rate equal to the weekly average 1-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding the date of the judgment. In some cases, pre-judgment interest may be award by the court in accordance with a statue or a contract provision and the amount will be stated in the judgment. Interest is computed daily and compounded annually. In some cases, pre-judgment interest may be awarded by the court in accordance with state law or a contract provision and the amount will be stated in the judgment.