California Enacts Prejudgment Interest

A Case Study of Legislative Action

Albert J. Lipson

ResearchPublished 1984

This Note presents a case study of one of the most controversial actions of the 1981-1982 California legislative sessions: passage of mandatory prejudgment interest on personal injury awards (SB 203). This law entitles successful plaintiffs to interest,which accrues prior to judgment from the date of the first offer to compromise which is exceeded by judgment, to the date of the satisfaction of the judgment. The study sheds some light on the politics of tort reform in California. Section II reviews the major contested issues and how they were received in the legislature. Section III analyzes the political dynamics that help to explain passage of this bill, considers the role of analysis in the debate, and finally draws some conclusions and generalizations from the exercise.

Order a Print Copy

Format
Paperback
Page count
42 pages
List Price
$23.00
Buy link
Add to Cart

Topics

Document Details

  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1984
  • Print Format: Paperback
  • Paperback Pages: 42
  • Paperback Price: $23.00
  • Document Number: N-2096-ICJ

Citation

RAND Style Manual
Lipson, Albert J., California Enacts Prejudgment Interest: A Case Study of Legislative Action, RAND Corporation, N-2096-ICJ, 1984. As of September 20, 2024: https://www.rand.org/pubs/notes/N2096.html
Chicago Manual of Style
Lipson, Albert J., California Enacts Prejudgment Interest: A Case Study of Legislative Action. Santa Monica, CA: RAND Corporation, 1984. https://www.rand.org/pubs/notes/N2096.html. Also available in print form.
BibTeX RIS

This publication is part of the RAND note series. The note was a product of RAND from 1979 to 1993 that reported miscellaneous outputs of sponsored research for general distribution.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.