Home Fitness Mass. Law Governs Interest On $5.3M Planet Fitness Verdict – Law360

Mass. Law Governs Interest On $5.3M Planet Fitness Verdict – Law360

0
Mass. Law Governs Interest On $5.3M Planet Fitness Verdict – Law360

[ad_1]

By Mike Curley (May 31, 2022, 6:43 PM EDT) — A Massachusetts appeals court has found that a trial court judge should have applied its state’s laws instead of New Hampshire’s when awarding prejudgment interest on a $5.3 million verdict against Planet Fitness Holdings LLC in a suit by its former chief financial officer.

According to the opinion filed Friday, had the trial court judge applied Massachusetts law as Jayne Conway had requested, prejudgment interest would have been $3.3 million instead of the $729,025 that the trial judge awarded.

The dispute stems from a $500,000 settlement agreement Conway had signed with Planet Fitness in December 2012 to resolve her claims that…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here