Undertaking: California Supreme Court Rules That Borrowing Interest Expense For Appellate Bonding Letter Of Credit Is Not Recoverable As Costs Under CRC 8.278(d)(1)(F)
Cases: UndertakingDisapproves Contrary Reasoning in Cooper v. Westbrook Torrey Hills. In our August 28, 2011 post, we mentioned that the California Supreme Court was considering a case on recoverability of consequential interest expense by an appellate litigant who prevailed after posting a letter of credit but sought to recover the interest expense incurred by […]
