United States Ninth Circuit

Awards of post-petition interest to creditors are to be calculated using the federal judgment interest rate, and not the rate set forth in the parties' contract or state law; use of federal rate promotes uniformity of law and fairness among creditors, and does not violate due process.

Appellate Information

• Argued 01/16/2002
• Decided 04/12/2002
• Published 04/12/2002

Judges

• Before:  SCHROEDER, Chief Judge,McKEOWN, Circuit Judge, and ZILLY, District Judge.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Fred K. Knez,John A. Boyd, Thompson & Colgate, Riverside, CA, for the plaintiffs-appellants.


• For Appellees:
  
• William M. Burd,Karen Sue Naylor, Burd & Naylor, Santa Ana, CA, for the defendant-appellee.