Int'l Bus. Machs. Corp. v. State, Supreme Court Case No. 19S-PL-19
Decision Date | 10 October 2019 |
Docket Number | Supreme Court Case No. 19S-PL-19 |
Citation | 131 N.E.3d 609 (Mem) |
Parties | INTERNATIONAL BUSINESS MACHINES CORPORATION, Appellant/Cross-Appellee, v. STATE of Indiana, Appellee/Cross-Appellant. |
Court | Indiana Supreme Court |
This matter comes before the Court on the petition for rehearing that International Business Machine Corporation ("IBM") filed on July 25, 2019, and the parties' briefing on the petition.
Being duly advised, the Court grants rehearing in part and modifies its original opinion, issued June 26, 2019, as follows:
We hold that the post-judgment interest due to IBMrunsstems from the judgment on remand. Under Indiana Code section 34-13-1-6, the judgment "draw[s] interest at an annual rate of six percent (6%) from the date of the adjournment of the next ensuing session of the general assembly...." Following the judgment in this case on August 4, 2017, the next ensuing session of the General Assembly adjourned on March 14, 2018. Therefore, the post-judgment interest due to IBM runs from March 14, 2018. We summarily affirm the Court of Appeals on all other issues and affirm the trial court on all issues.
Contemporaneous with the entry of this Order, the Court is filing its Opinion on Rehearing reflecting these changes.
Massa, J., not participating.
I respectfully dissent from the Court's limited grant of rehearing. For the reasons expressed in my separate opinion, IBM v. State , 124 N.E.3d 1187, 1191-93 (Ind. 2019) (Slaughter, J., concurring in part, dissenting in part), I would modify the Court's opinion further by treating the State's additional costs to implement "Hybrid" not as direct damages subject to a $125-million cap but as consequential damages subject to a $3-million cap.
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