You’re correct in the interest. In California it’s 10% and doesn’t compound; don’t know about Ohio. One gentle and friendly correction of a common misnomer, please: if you voluntarily agree to pay a compromise sum, that’s a “settlement.” If it’s per a court ruling/ jury verdict, that’s a “judgment.” What we have here is a big fat juicy judgment.
Thank for the correction. I’ll remember that.
In Ohio they have to post a supersedeas bond equal to 1.5 times the judgement to stay collection from occurring during the appeal.