Opinion ID: 1058597
Heading Depth: 1
Heading Rank: 6

Heading: Plaintiff's Request for Post-Judgment Interest

Text: Ali has requested that this Court order post-judgment interest against Scheve for all awards ordered by this court. In his brief, Scheve asserts that $100,000 (20% of the $500,000 judgment) was deposited with the Sullivan County Law Court Clerk's Office soon after trial. Thus ... there would be no recoverable interest for the judgment of $100,000. Tennessee Code Annotated section 47-14-122 (2001) provides, in pertinent part, that [i]nterest shall be computed on every judgment from the day on which the jury. . . returned the verdict without regard to a motion for a new trial. This language is mandatory. Vooys v. Turner, 49 S.W.3d 318, 322 (Tenn.Ct.App.2001). We have stated that if money is deposited with the court clerk accompanied by an explicit designation that such money is to be paid in satisfaction of a judgment, interest would no longer accrue on that amount. Underwood v. Liberty Mut. Ins. Co., 782 S.W.2d 175, 176-77 (Tenn.1989). Ali does not dispute that $100,000 was paid to the appropriate court clerk. However, we cannot discern from the record when the money was paid or whether the defendant explicitly designated this sum as payable to the plaintiff in satisfaction of the judgment, rather than for safe-keeping pending appeal. [8] In addition, a plaintiff is not required to move for an award of post-judgment interest in the trial court as the issue does not become ripe until the conclusion of the appellate process. See Tenn. R.App. P. 41. Accordingly, after reviewing the record and applicable law, we conclude that the record is insufficient for us to address this factual issue. We remand this issue to the trial court for a factual finding and a determination of whether the plaintiff is entitled to post-judgment interest and if so, in what amount.