llmc: Damages for Delay LLMC

Montgomery County, PA

P.O. Box 311, Norristown, PA 19404-0311
Courthouse Hours: 8:30a.m. to 4:15p.m.
Phone: 610-278-3000
Website: www.montcopa.org

Civil Procedural Rules Committee
Rule 238. Damages for Delay in an Action for Bodily
Injury, Death or Property Damage
 
Prime Rate
The prime rate as set forth in the first edition of the Wall Street Journal for a particular year is the basis for calculating damages for delay under Pa.R.C.P. 238 as revised November 7, 1988. The prime rate published in the first edition of the Wall Street Journal for each of the years specified is as follows:
Date of Publication
January 2, 2008
January 2, 2007
January 2, 2006
January 3, 2005
January 2, 2004
January 2, 2003
January 2, 2002
January 2, 2001
January 3, 2000
January 4, 1999
January 2, 1998
January 2, 1997
January 2, 1996
January 3, 1995
January 3, 1994
January 4, 1993
January 2, 1992
January 2, 1991
January 2, 1990
Prime Rate
7.25%
8.25%
7.25%
5.25%
4.00%
4 1/4%
4 3/4 %
9 1/2 %
8 1/2%
7 3/4%
8 1/2%
8 1/4%
8 1/2%
8 1/2%
6%
6%
6 1/2%
9 1/2% to 10%
10 1/2%