Michigan Court of Appeals; Docket No. 110431; Published
Judges Wahls, Kelly, and Allen; Unanimous; Per Curiam
Official Michigan Reporter Citation: 186 Mich App 537; Link to Opinion 
STATUTORY INDEXING:
Not Applicable
TOPICAL INDEXING:
Civil Judgments and Interest (MCL 600.6013)
CASE SUMMARY:
This unanimous per curiam Opinion involved a priority dispute between two no-fault insurers and the liability to pay pre-judgment interest. The court held that where the insurers resolve the priority dispute, the trial court properly ordered pre-judgment interest to be paid after commencement of the action but only from the date the benefits were paid. The court stated that, "The purpose of pre-judgment interest is to compensate the prevailing party for the delay in recovering money damages… Farmers did not suffer any loss of use of funds for which interest could accrue until the benefits were paid."
