On August 21, 2024, Justice Reed of the New York County Commercial Division issued a decision in Core Group Mktg. LLC v. MIP One Wall St. Acquisition LLC, 2024 NY Slip Op. 51093(U), holding that a prevailing party is entitled to interest on attorneys’ fees from the date on which the party was determined to be the prevailing party, explaining:
With respect to interest, New York courts have held that, under CPLR 5001, interest on attorneys’ fees accrues from the date that the moving party is deemed the prevailing party. Accordingly, interest should be computed from July 25, 2022, the date of the order granting judgment.
(Internal quotations and citations omitted).