Summary
The Indiana Supreme Court addresses post-judgment interest on International Business Machines Corporation's $49.5 million award for assignment and equipment fees arising from its contract with the State of Indiana to modernize the welfare eligibility system. The court holds that interest runs from the judgment on remand because the original judgment was not final while damages and offsets remained unresolved. The court summarily affirms the Court of Appeals on other issues and affirms the trial court, while Justice Slaughter concurs in part and dissents in part regarding the classification and amount of the State's damages.
Holdings
- IBM's post-judgment interest on its $49,510,795 award runs from the judgment entered on remand, not from the original 2012 judgment, because the original judgment was not final as to all issues and parties.
- The Court summarily affirmed the Court of Appeals on all other issues and affirmed the trial court on all issues.
Questions Presented
- Whether IBM was entitled to post-judgment interest on its $49,510,795 award of assignment and equipment fees from the date of the original 2012 judgment or only from the date of the judgment entered on remand.
- Whether the Court of Appeals and trial court erred on the parties' other damages and factual-findings issues.
Disposition
affirmed
Cases Cited (8)
- State v. International Business Machines Corp., 51 N.E.3d 150 (Ind. 2016)(followed)
- International Business Machines Corp. v. State on behalf of Indiana Family & Social Services Administration, 112 N.E.3d 1088 (Ind. Ct. App. 2018)(reversed_in_part)
- G & N Aircraft, Inc. v. Boehm, 743 N.E.2d 227, 234 (Ind. 2001)(followed)
- Dunn v. Cadiente, 516 N.E.2d 52, 54 (Ind. 1987)(followed)
- Tincher v. Davidson, 784 N.E.2d 551, 553 (Ind. Ct. App. 2003)(followed)
- ESPN, Inc. v. University of Notre Dame Police Department, 62 N.E.3d 1192, 1195 (Ind. 2016)(followed)
- Beam v. Wausau Insurance Co., 765 N.E.2d 524, 534-535 (Ind. 2002)(distinguished)
- Georgos v. Jackson, 790 N.E.2d 448, 451 (Ind. 2003)(followed)
Cited In (0)
No citing cases on record yet.
Court Document
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