Section 68 Recovery of Prejudgment Interest Under Other Statutes
| Library | Damages 2012 |
Section 537.520, RSMo 2000, permits recovery of prejudgment interest in conversion actions and provides that the amount recoverable is to be based on the value of the goods at the time of conversion. Interest recovery is discretionary with the trier of fact. In re Broadview Lumber Co., 168 B.R. 941 (Bankr. W.D. Mo. 1994); Nika Corp. v. City of Kansas City, Mo., 582 F. Supp. 343, 359 (W.D. Mo. 1983). It has been held that the rate of interest in conversion cases is to be the same as that under § 408.020...
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