Tag Archives: Pickens County

Contract – Prejudgment Interest – State Construction Project – S.C. Code Ann. § 34-31-20 – Notice Requirement (access required)

EllisDon Construction, Inc. v. Clemson University. Even though the parties' contract did not designate a numeric value for the interest rate applicable to late payments, since the contract incorporated a statute that determines the interest rate, the plaintiff-contractor is not entitled to prejudgment interest under S.C. Code Ann. § 34-31-20(A) because ...

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