In a compelling feature for the Daily Journal, Arash Homampour of Homampour Law Firm delves into the strategic advantage offered by California Code of Civil Procedure Section 998.
This legal mechanism isn’t just about procedural tactics; it’s a significant game-changer for settlement negotiations. Section 998 empowers plaintiffs with a formidable tool, ensuring that corporations think twice before lowballing legitimate claims.
There can be some serious penalties to Defendant corporations that try to wait out a catastrophically injured Plaintiff. Section 998 underscores the importance of interest on damages as a form of justice—with interest compensating plaintiffs for the loss of use of their funds and holding defendants accountable for benefitting from money rightfully belonging to the injured. In one case, Defendant had to pay $30 million in Section 998 interest to our clients. So, the message is clear: Full justice will be served.
Dive into the nuances of Section 998 with us and see how it can level the playing field, ensuring fair compensation and accountability.
Click here to read the Daily Journal article.
If you’d like to receive more information like this, sign up for the Homampour Attorney’s Email. We announce webinars and podcasts as well as publish articles written by Arash and his team of attorneys that deliver real insight into different areas of the law.
Newer Post
