EFFECT OF SETTLEMENT OFFER ON ACCRUAL OF PREJUDGMENT INTEREST
Applied in 11 court decisions — leading case Figueroa v. Davis (2010)
Most recently applied in Susan Bobo v. Elezebeth Varughese (December 2016)
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(a) If judgment for a claimant is equal to or less than the amount of a settlement offer of the defendant, prejudgment interest does not accrue on the amount of the judgment during the period that the offer may be accepted.
(b) If judgment for a claimant is more than the amount of a settlement offer of the defendant, prejudgment interest does not accrue on the amount of the settlement offer during the period that the offer may be accepted.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.