164 Damages for delay  

  • Title 231--RULES OF CIVIL PROCEDURE

    PART I.  GENERAL

    [231 PA. CODE CH. 200]

    Damages for Delay

    [30 Pa.B. 519]

    Rule 238.  Damages for Delay in an Action for Bodily Injury, Death or Property Damage.

    *      *      *      *      *

    Addendum to Explanatory Comment

       The prime rate as set forth in the first edition of the Wall Street Journal for a particular year is the basis for calculating damages for delay under Pa.R.C.P. 238 asrevised November 7, 1988. The prime rate published in the first edition of the Wall Street Journal for each of the years specified is as follows:

    Date ofPrime
    Date ofPrime
    Publication
    Rate
    Publication
    Rate
    Percentage Percentage
    January 2, 1980
    15 to
    15 1/2
    January 2, 1991
    9 1/2 to
    10
    January 2, 1981
    20 1/2 to 21 1/2 January 2, 1992
    6 1/2
    January 4, 1982
    15 3/4 January 4, 1993
    6
    January 3, 1983
    11 to
    11 1/2
    January 3, 1994
    6
    January 3, 1984
    11 January 3, 1995
    8 1/2
    January 2, 1985
    10 3/4 January 2, 1996
    8 1/2
    January 2, 1986
    9 1/2 January 2, 1997
    8 1/4
    January 2, 1987
    7 1/2 January 2, 1998
    8 1/2
    January 4, 1988
    8 3/4 January 4, 1999
    7 3/4
    January 3, 1989
    10 1/2 January 3, 2000
    8 1/2
    January 2, 1990
    10 1/2

    By the Civil Procedural
    Rules Committee

    REA BOYLAN THOMAS,   
    Chairperson

    [Pa.B. Doc. No. 00-164. Filed for public inspection January 28, 2000, 9:00 a.m.]

Document Information