We blogged the Court of Appeals’ opinion here. Usually we tell you to go there for the facts; this time, since its not clear that the Supreme Court’s version of them entirely squares with that of the Court of Appeals, we’ll simply point out that the facts aren’t terribly important for understanding and remembering the holding.

The Supreme Court reverses, based on statutory history and ejusdem generis. So the law is this: the pre-judgment interest rate is the same as the post-judgment interest rate. A sensible conclusion that begged to be drawn.

(link to opinion)