Judge: Bruce G. Iwasaki, Case: 24STCV18432, Date: 2025-02-03 Tentative Ruling

Case Number: 24STCV18432    Hearing Date: February 3, 2025    Dept: 58

            Plaintiff requests 24 percent prejudgment interest. However, it appears that the contract applies a 1.5 percent monthly interest rate, or an annual rate of 18 percent. (Essa Decl., Exh. A, ¶ 4.)  If Plaintiff submits a revised proposed Judgment with the total for prejudgment interest calculated at 18 percent from breach to date of entry of judgment, the Court will grant entry of judgment on that basis.  As submitted however, the request for entry of default judgment is denied.