Case ID: ohio-misc-2d_45/html/0001-01.html
Source: Caselaw Access Project
Author: {"author": "Daniel, J.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Midway, Inc. v. Boehler’s Enterprises, Inc. 
    (No. 88-CVF-96
    Decided September 14, 1988.)
    Tiffin Municipal Court, Civil Division.
    
      John T. Sweeney, for plaintiff.
   Daniel, J.

The court concludes that in awarding interest upon a judgment for the payment of money arising out of a contract, the court is bound by R.C. 1343.03(A), whether the judgment is the result of a trial or the result of a default. That statute limits the rate of interest to ten percent per annum, and no more, unless a written contract provides a different rate of interest. The plaintiff has produced no written contract.

Judgment is rendered in favor of the plaintiff and against the defendant in the amount of $539.67 plus ten percent interest per annum from December 6, 1986, plus court costs.

Judgment accordingly.