No Reasons Given To Not Correct Prejudgment Interest In $102M Award, Banks Say

Mealey's (October 22, 2019, 7:37 AM EDT) -- ST. LOUIS — Two banks argue in a Sept. 24 reply brief that insolvent funeral insurers’ receiver and state insurance guaranty associations offer “no cogent reasons for why it would be unjust” for a Missouri federal court to correct a prejudgment interest amount in a $102,135,293.07 judgment rendered in a dispute regarding allegations over the mishandling of the insurers’ funds (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.)....