Florida Statute 687.1 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 687
INTEREST AND USURY; LENDING PRACTICES

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F.S. 687.01

687.01 Rate of interest in absence of contract.—In all cases where interest shall accrue without a special contract for the rate thereof, the rate is the rate provided for in s. 55.03.

History.—s. 1, ch. 1483, 1866; ss. 1, 2, ch. 1562, 1866; RS 2320; GS 3103; RGS 4849; CGL 6936; s. 1, ch. 22745, 1945; s. 1, ch. 82-42; s. 10, ch. 94-239.

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Amendments to 687.01

Annotations, Discussions, Cases:

Cases Citing Statute 687.01

Total Results: 102

Argonaut Ins. Co. v. May Plumbing Co.

474 So. 2d 212, 10 Fla. L. Weekly 353

Supreme Court of Florida | Filed: Jul 3, 1985 | Docket: 386138

Cited 247 times | Published

interest rate which controls prejudgment interest. § 687.01, Fla. Stat. (1983). The statutory rate in effect

Parker v. Brinson Construction Company

78 So. 2d 873

Supreme Court of Florida | Filed: Mar 25, 1955 | Docket: 2517006

Cited 74 times | Published

*876 thereof is to be determined by applying Section 687.01, F.S. 1951, F.S.A., which provides: "In all

Nohrr v. Brevard County Educational Fac. Auth.

247 So. 2d 304

Supreme Court of Florida | Filed: Apr 21, 1971 | Docket: 1461475

Cited 69 times | Published

legal rate per annum." Defendant cites Fla. Stat. § 687.01, F.S.A., which sets the legal rate of interest

Stone v. Jeffres

208 So. 2d 827

Supreme Court of Florida | Filed: Apr 3, 1968 | Docket: 1729569

Cited 20 times | Published

amount thereof is to be determined by applying Section 687.01, F.S. 1951 * * *. "* * * During the period

Kissimmee Util. Auth. v. Better Plastics, Inc.

526 So. 2d 46, 13 Fla. L. Weekly 339, 1988 Fla. LEXIS 607, 1988 WL 53523

Supreme Court of Florida | Filed: May 26, 1988 | Docket: 1679711

Cited 17 times | Published

prejudgment interest on overcharge refunds under section 687.01, Florida Statutes (1986), and Argonaut Insurance

US Home Corp. v. Suncoast Utilities

454 So. 2d 601, 1984 Fla. App. LEXIS 13790

District Court of Appeal of Florida | Filed: Jun 29, 1984 | Docket: 562070

Cited 17 times | Published

annum from July 1, 1979, through July 1, 1982. See § 687.01, Fla. Stat. (1981). V. Judgment of this Court

Amerace Corp. v. Stallings

823 So. 2d 110, 2002 WL 1290910

Supreme Court of Florida | Filed: Jun 13, 2002 | Docket: 2490634

Cited 16 times | Published

impermissibly in conflict with that statute. Moreover, section 687.01, Florida Statutes (1998), establishes the statutory

Tavormina v. Aquatic Co., N v. (In Re Armando Gerstel, Inc.)

65 B.R. 602, 2 U.C.C. Rep. Serv. 2d (West) 615, 1986 U.S. Dist. LEXIS 19637

District Court, S.D. Florida | Filed: Sep 30, 1986 | Docket: 1728903

Cited 15 times | Published

at the statutory rate of 12% under Fla.Stat. Section 687.01. E. Priority of SEMET over AQUATIC The bankruptcy

Myers v. Carr Const. Co.

387 So. 2d 417

District Court of Appeal of Florida | Filed: Aug 4, 1980 | Docket: 1355139

Cited 14 times | Published

claimant's accident established a rate of 6%. § 687.01, Florida Statutes (1974); and former Rule 21,

Tavormina v. ITT Commercial Finance Corp. (In Re Aquasport, Inc.)

115 B.R. 720, 1990 Bankr. LEXIS 1328, 20 Bankr. Ct. Dec. (CRR) 1116

United States Bankruptcy Court, S.D. Florida. | Filed: Jun 22, 1990 | Docket: 1830782

Cited 13 times | Published

through June 15, 1990. Pursuant to FLA.STAT. § 687.01 interest is calculated at the rate of 12% per

Secrist v. NATL. SERV. INDUSTRIES, INC.

395 So. 2d 1280

District Court of Appeal of Florida | Filed: Apr 1, 1981 | Docket: 1692995

Cited 12 times | Published

portion of the damages award we must look to section 687.01, Florida Statutes (1979), which provides: "In

Regions Bank v. Maroone Chevrolet, L.L.C.

118 So. 3d 251, 81 U.C.C. Rep. Serv. 2d (West) 89, 2013 Fla. App. LEXIS 11234, 2013 WL 3724587

District Court of Appeal of Florida | Filed: Jul 17, 2013 | Docket: 60233139

Cited 11 times | Published

set by statute. § 687.01, Fla. Stat. (1994); § 55.03, Fla. Stat. (2003). Section 687.01 refers to section

Golden Door Jewelry Creations, Inc. v. Lloyds Underwriters

758 F. Supp. 708, 1991 U.S. Dist. LEXIS 2490, 1991 WL 27771

District Court, S.D. Florida | Filed: Feb 21, 1991 | Docket: 1384867

Cited 11 times | Published

"SIMPLE" VS. "COMPOUND" INTEREST ... HOW TO CONSTRUE § 687.01, FLA. STAT. The figures contained in the respective

Metro. Dade Cy. v. Bouterse, Perez & Fabregas

463 So. 2d 526, 10 Fla. L. Weekly 418

District Court of Appeal of Florida | Filed: Feb 12, 1985 | Docket: 448980

Cited 11 times | Published

judge should be conscious of the amendment to section 687.01, Florida Statutes (1981), which was effective

Bakst v. Presley (In Re E.D. Presley Corp.)

44 B.R. 781, 1984 Bankr. LEXIS 4558

United States Bankruptcy Court, S.D. Florida. | Filed: Nov 21, 1984 | Docket: 1819665

Cited 11 times | Published

the date of transfer at the rate of 12% under § 687.01, Florida Statutes. Federal not state law is controlling

Adler-Built Industries, Inc. v. METROPOLITAN DADE CTY.

231 So. 2d 197

Supreme Court of Florida | Filed: Jan 28, 1970 | Docket: 1297897

Cited 11 times | Published

delinquency. More nearly applicable here would be § 687.01, Florida Statutes, F.S.A. providing for interest

Cleary v. Cleary

872 So. 2d 299, 2004 WL 784645

District Court of Appeal of Florida | Filed: Apr 14, 2004 | Docket: 1357330

Cited 10 times | Published

retroactive alimony. Therefore, pursuant to section 687.01, Florida Statutes (2002), the applicable rate

Jersey Palm-Gross, Inc. v. Paper

639 So. 2d 664, 1994 WL 316654

District Court of Appeal of Florida | Filed: Jul 6, 1994 | Docket: 1712613

Cited 10 times | Published

the lender from criminal usury pursuant to section 687.01, because the "savings" provisions of Florida's

Jersey Palm-Gross, Inc. v. Paper

639 So. 2d 664, 1994 WL 316654

District Court of Appeal of Florida | Filed: Jul 6, 1994 | Docket: 1712613

Cited 10 times | Published

the lender from criminal usury pursuant to section 687.01, because the "savings" provisions of Florida's

Brooks v. SCHOOL BD. OF BREVARD CTY.

419 So. 2d 659, 6 Educ. L. Rep. 1209, 1982 Fla. App. LEXIS 20769

District Court of Appeal of Florida | Filed: Aug 4, 1982 | Docket: 1583741

Cited 10 times | Published

governmental agencies, the rate is six percent per annum. § 687.01, Fla. Stat. (1981). Posner v. Flink, 393 So.2d

Gathercrest Ltd. v. First American Bank & Trust

649 F. Supp. 106, 1985 U.S. Dist. LEXIS 18147

District Court, M.D. Florida | Filed: Jul 8, 1985 | Docket: 1198821

Cited 9 times | Published

July 1, 1982 to the date of judgment Fla.Stat. § 687.01; see Erskine Florida Properties, Inc. v. Hartwell

Efraim Rosen, Inc. v. Tavormina (In Re Armando Gerstel, Inc.)

43 B.R. 925, 40 U.C.C. Rep. Serv. (West) 643, 1984 Bankr. LEXIS 4749

United States Bankruptcy Court, S.D. Florida. | Filed: Oct 24, 1984 | Docket: 1424240

Cited 9 times | Published

entitled to interest upon their claims. Under section 687.01, Florida Statutes, the applicable rate is twelve

Nelson v. Ameriquest Technologies, Inc.

739 So. 2d 161, 1999 WL 623453

District Court of Appeal of Florida | Filed: Aug 18, 1999 | Docket: 1688705

Cited 8 times | Published

than is permitted by statute. First of all, section 687.01, Florida Statutes (1995), the controlling interest

Offices Togolais Des Phosphates v. Mulberry Phosphates, Inc.

62 F. Supp. 2d 1316, 41 U.C.C. Rep. Serv. 2d (West) 85, 1999 U.S. Dist. LEXIS 19211, 1999 WL 715893

District Court, M.D. Florida | Filed: Jul 7, 1999 | Docket: 2282701

Cited 8 times | Published

when MPI failed to make payment. Under Fla.Stat. § 687.01 (1996), the prejudgment interest rate in effect

Nordberg v. Arab Banking Corp. (In Re Chase & Sanborn Corp.)

127 B.R. 903, 1991 Bankr. LEXIS 678

United States Bankruptcy Court, S.D. Florida. | Filed: Apr 10, 1991 | Docket: 1692339

Cited 8 times | Published

S.D.Fla.1985) (12% legal rate under Fla. Stat. § 687.01); Moxness Products, Inc. v. Xomed, Inc., 1988

Celotex Corp. v. Buildex, Inc.

476 So. 2d 294, 10 Fla. L. Weekly 2317

District Court of Appeal of Florida | Filed: Oct 8, 1985 | Docket: 1681445

Cited 8 times | Published

interest is to be based on contract or statute. Section 687.01, Florida Statutes (1981), the controlling statute

Posner v. Flink

393 So. 2d 1140

District Court of Appeal of Florida | Filed: Feb 3, 1981 | Docket: 1372357

Cited 8 times | Published

v. Turner, 389 So.2d 691 (Fla. 4th DCA 1980); § 687.01, Fla. Stat. (1979). The court below awarded to

City National Bank of Miami v. General Coffee Corp. (In Re General Coffee Corp.)

85 B.R. 905, 1988 Bankr. LEXIS 666

United States Bankruptcy Court, S.D. Florida. | Filed: Apr 29, 1988 | Docket: 1506986

Cited 7 times | Published

of 12% (the Florida statutory rate, Fla.Stat. § 687.01). (CP 126). The Florida statute has remained unchanged

Trend Coin Co. v. Honeywell, Inc.

487 So. 2d 1029, 11 Fla. L. Weekly 75

Supreme Court of Florida | Filed: Feb 27, 1986 | Docket: 1796704

Cited 7 times | Published

We agree with respondents, at least in part. Section 687.01, Florida Statutes (1979), which was effective

Tavormina v. Merchants Bank of Miami (In Re Gillett)

55 B.R. 675, 1985 Bankr. LEXIS 4738, 13 Bankr. Ct. Dec. (CRR) 1101

United States Bankruptcy Court, S.D. Florida. | Filed: Dec 19, 1985 | Docket: 1099675

Cited 7 times | Published

apply the rate set forth in Florida Statutes, Section 687.01. Accordingly, prejudgment interest on the $6

Crews v. Truver (In Re Flight Management, Inc.)

99 B.R. 477, 1989 Bankr. LEXIS 682, 1989 WL 49163

United States Bankruptcy Court, M.D. Florida | Filed: May 2, 1989 | Docket: 1857251

Cited 6 times | Published

insolvency set forth in § 547(f). [2] Pursuant to § 687.01, Florida Statutes, Aero was entitled to interest

Dade County v. American Re-Ins. Co.

467 So. 2d 414, 10 Fla. L. Weekly 922

District Court of Appeal of Florida | Filed: Apr 9, 1985 | Docket: 1680561

Cited 6 times | Published

since such a provision will be implied by law. § 687.01, Fla. Stat. (1971).[4] The principle is established

Zafrilla v. Volare Shoes, Inc.

394 So. 2d 146

District Court of Appeal of Florida | Filed: Jan 27, 1981 | Docket: 1315277

Cited 6 times | Published

have paid them, at the statutory legal rate. Section 687.01, Florida Statutes (1979). We acknowledge that

Ellis Nat. Bank of Tallahassee v. Davis

359 So. 2d 466

District Court of Appeal of Florida | Filed: Apr 28, 1978 | Docket: 1735607

Cited 6 times | Published

periods of time was 10%? (4) Do the provisions of F.S. 687.01 "In all cases where interest shall accrue without

Dundee Corporation v. Lee

24 So. 2d 234, 156 Fla. 699, 1945 Fla. LEXIS 971

Supreme Court of Florida | Filed: Dec 18, 1945 | Docket: 3261255

Cited 6 times | Published

the absence of special contract therefor, (Section 687.01 Florida Statutes 1941) is $500,273.99. *Page

Ticor Title Insurance v. University Creek, Inc.

767 F. Supp. 1127, 1991 U.S. Dist. LEXIS 8682, 1991 WL 114127

District Court, M.D. Florida | Filed: Jun 19, 1991 | Docket: 1632019

Cited 5 times | Published

Farrell v. Ashmore, 507 So.2d 691 (1987); Fla.Stat. § 687.01. 22. In addition, the Court holds that University

Lonray, Inc. v. Azucar, Inc.

568 F. Supp. 189, 1983 U.S. Dist. LEXIS 15945

District Court, M.D. Florida | Filed: Jun 27, 1983 | Docket: 2220274

Cited 5 times | Published

judgment at the rate of 12% per annum. Fla.Stat. § 687.01 (1982); Parker *195 v. Brinson Construction Co

Sciandra v. First Union Nat. Bank

638 So. 2d 1009, 1994 WL 264276

District Court of Appeal of Florida | Filed: Jun 15, 1994 | Docket: 1652706

Cited 4 times | Published

interest in the absence of a contractual provision. § 687.01, Fla. Stat. (1993). Prior to Argonaut, however

Ebaugh v. State

623 So. 2d 844, 1993 WL 341121

District Court of Appeal of Florida | Filed: Sep 10, 1993 | Docket: 1183534

Cited 4 times | Published

Dezen v. Slatcoff, 65 So.2d 484, 485 (Fla. 1953); § 687.01, Fla. Stat. (1989). See also § 55.03(1), Fla.

Jacobson v. Jacobson

595 So. 2d 292, 1992 WL 51091

District Court of Appeal of Florida | Filed: Mar 20, 1992 | Docket: 2119176

Cited 4 times | Published

GOSHORN, C.J., and COWART, J., concur. NOTES [1] § 687.01, Fla. Stat. (1989).

Landmark Bank v. Hegeman-Harris Co.

522 So. 2d 1051, 1988 WL 29172

District Court of Appeal of Florida | Filed: Apr 7, 1988 | Docket: 246681

Cited 4 times | Published

correct in allowing prejudgment interest (per section 687.01, Florida Statutes) to the payee on the verdict

Haskell v. Forest Land and Timber Co., Inc.

426 So. 2d 1251, 1983 Fla. App. LEXIS 18610

District Court of Appeal of Florida | Filed: Feb 10, 1983 | Docket: 1683714

Cited 4 times | Published

alternative, at the rate of 6% pursuant to Section 687.01,[3] Florida Statutes (1981), because the Arbitration

REPUBLIC SERVICES, INC. v. Calabrese

939 So. 2d 225, 2006 WL 2918807

District Court of Appeal of Florida | Filed: Oct 13, 2006 | Docket: 2516592

Cited 3 times | Published

the statutory rate of interest, pursuant to section 687.01, Florida Statutes (2005). Here, however, the

WPB, LTD. v. Supran

720 So. 2d 1091, 1998 WL 466706

District Court of Appeal of Florida | Filed: Aug 12, 1998 | Docket: 1371821

Cited 3 times | Published

Judge. The main issue in this appeal is whether section 687.01, Florida Statutes (1989), controls a commercial

Tampa Pipeline Transport Co. v. Chase Manhattan Service Corp.

928 F. Supp. 1568, 1995 U.S. Dist. LEXIS 21251, 1995 WL 865716

District Court, M.D. Florida | Filed: Mar 27, 1995 | Docket: 1615957

Cited 3 times | Published

asserted by the plaintiffs (Doc. 72, p. 16)). See § 687.01, Fla.Stat.[18] The plaintiffs also seek recovery

Tillery v. Hull & Co., Inc.

717 F. Supp. 1481, 1988 U.S. Dist. LEXIS 16581, 1988 WL 162814

District Court, M.D. Florida | Filed: Apr 30, 1988 | Docket: 1648275

Cited 3 times | Published

damages for barratry, $8,891.07. Fla.Stat.Ann. § 687.01 (West 1966 & 1987 Supp.). Interest shall accrue

Gomez v. Hawkins Concrete Construction Co.

623 F. Supp. 194, 1985 U.S. Dist. LEXIS 16072

District Court, N.D. Florida | Filed: Sep 11, 1985 | Docket: 1050932

Cited 3 times | Published

interest rate which controls prejudgment interest. Section 687.01, FLORIDA STATUTES. Under that Florida statute

MEIGS & COPE AGENCY OF FLA. v. Koffey

435 So. 2d 867

District Court of Appeal of Florida | Filed: Aug 23, 1983 | Docket: 1328907

Cited 3 times | Published

1982, the effective date of the amendment to Section 687.01, Florida Statutes (1982), and at twelve per

Carol Management Company v. Baring Industries

257 So. 2d 270, 1972 Fla. App. LEXIS 7353

District Court of Appeal of Florida | Filed: Feb 1, 1972 | Docket: 1287244

Cited 3 times | Published

Huntley v. Baya, Fla.App. 1962, 136 So.2d 248; and § 687.01, Fla. Stat., F.S.A. Under Points Five and Six

Lyons v. Wyman

658 So. 2d 1104, 1995 WL 421251

District Court of Appeal of Florida | Filed: Jul 19, 1995 | Docket: 517916

Cited 2 times | Published

loan's inception in July, 1980, through June, 1982. § 687.01, Fla. Stat. (1981). However, because the statutory

NIELSEN-MILLER CONST. v. Pantlin/Prescott

602 So. 2d 1366, 1992 WL 175083

District Court of Appeal of Florida | Filed: Jul 29, 1992 | Docket: 1694012

Cited 2 times | Published

Under these circumstances, we conclude that section 687.01, Florida Statutes (1991), applies the statutory

Bodine v. Federal Kemper Life Assurance Co.

138 B.R. 88, 1992 WL 17210

District Court, M.D. Florida | Filed: Apr 2, 1992 | Docket: 1474204

Cited 2 times | Published

Legislature in Fla.Stat. § 687.01 (1991). According to a review of § 687.01, the statutory rate in effect

Royal Ambassador v. E. Coast Supply

495 So. 2d 932

District Court of Appeal of Florida | Filed: Sep 10, 1986 | Docket: 1748867

Cited 2 times | Published

twelve percent, rather than eighteen percent. § 687.01, Fla. Stat. (Supp. 1982). As to the arguments

Wilkinson & Jenkins v. Florida Rock Ind., Inc.

475 So. 2d 743, 10 Fla. L. Weekly 2200

District Court of Appeal of Florida | Filed: Sep 20, 1985 | Docket: 1709891

Cited 2 times | Published

rate of prejudgment interest is established by section 687.01, Florida Statutes (1983). Argonaut Insurance

Beckerman v. Greenbaum

439 So. 2d 233

District Court of Appeal of Florida | Filed: Aug 3, 1983 | Docket: 1265735

Cited 2 times | Published

which in this case was six percent per annum. § 687.01, Fla. Stat. (1965).[3] The trial court incorrectly

Brazil v. School Bd. of Alachua County

408 So. 2d 842

District Court of Appeal of Florida | Filed: Jan 21, 1982 | Docket: 1449735

Cited 2 times | Published

delinquencies arising before July 1, 1978. Section 687.01, Fla. Stat. (1977). Interest on biweekly benefits

Chelsea Title & Guaranty Co. v. Turner

389 So. 2d 691

District Court of Appeal of Florida | Filed: Oct 29, 1980 | Docket: 1281912

Cited 2 times | Published

Beach, 227 So.2d 352 (Fla. 2d DCA 1969). Under Section 687.01, Florida Statutes (1977), interest shall be

E & a CONCRETE v. Perry

379 So. 2d 1015

District Court of Appeal of Florida | Filed: Feb 13, 1980 | Docket: 1277190

Cited 2 times | Published

interest rate in Parker was, and is now, six percent. § 687.01, Florida Statutes (1979). We read § 440.20(7)

Bd. of Public Instruction v. Wright

76 So. 2d 863

Supreme Court of Florida | Filed: Jan 7, 1955 | Docket: 475087

Cited 2 times | Published

were issued, Section 4849, R.G.S. 1920, F.S.A. § 687.01, or whether the rate should at any time have been

St. Paul Fire & Marine Insurance v. Vinecki (In Re Vinecki)

247 B.R. 327, 13 Fla. L. Weekly Fed. B 141, 2000 Bankr. LEXIS 376, 2000 WL 390550

United States Bankruptcy Court, M.D. Florida | Filed: Mar 28, 2000 | Docket: 1826205

Cited 1 times | Published

of the entry of a judgment, counsel cites Fla.Stat. 687.01, and Fla.Stat. 55.03. The proceeding before

GTE Directories Corp. v. Ad-Vantage Telephone Directory

892 F. Supp. 254, 1995 WL 472391

District Court, M.D. Florida | Filed: Apr 27, 1995 | Docket: 2140130

Cited 1 times | Published

*258 (1) a 12% prejudgment interest rate, see § 687.01, Fla.Stat.; (2) the variable interest rate established

Venn v. St. Paul Fire and Marine Ins. Co.

169 B.R. 735, 1994 U.S. Dist. LEXIS 8596, 1994 WL 380297

District Court, N.D. Florida | Filed: May 9, 1994 | Docket: 1426619

Cited 1 times | Published

judgment. . . . § 55.145, Fla.Stat. (1993). [3] Section 687.01, Florida Statutes, provides that "[i]n all

Insurance Co. of North America v. Lexow

937 F.2d 569, 1991 WL 128578

Court of Appeals for the Eleventh Circuit | Filed: Aug 1, 1991 | Docket: 66265287

Cited 1 times | Published

and is obligated to follow Florida Statutes, § 687.01: Furthermore, just as the loss theory forecloses

Shakeshober v. Florida Resort Dev. Corp.

492 So. 2d 816, 11 Fla. L. Weekly 1778, 1986 Fla. App. LEXIS 9378

District Court of Appeal of Florida | Filed: Aug 13, 1986 | Docket: 1518604

Cited 1 times | Published

to payment of interest at 12%, pursuant to section 687.01, Florida Statutes, but has failed to prove

Olson v. Hirschberg

145 So. 2d 303

District Court of Appeal of Florida | Filed: Sep 25, 1962 | Docket: 60207242

Cited 1 times | Published

applicable after that date, as provided by Section 687.01, Florida Statutes, F.S.A. Accordingly, the

Tucker v. Hughey

6 F.R.D. 545, 1947 U.S. Dist. LEXIS 1601

District Court, S.D. Florida | Filed: Mar 25, 1947 | Docket: 63765362

Cited 1 times | Published

contract between plaintiff and defendants, Section 687.01, F.S.A., prescribed an interest rate of 8%

ARNE LANGSETMO v. KRISTEN MARIE METZA

District Court of Appeal of Florida | Filed: Mar 9, 2022 | Docket: 63144902

Published

Florida Statutes, sets the rate of interest. See § 687.01, Fla. Stat. (2021); Genser v. Reef Condo. Ass’n

LENOS TRIGEORGIS v. GEORGE TRIGEORGIS

240 So. 3d 772

District Court of Appeal of Florida | Filed: Mar 28, 2018 | Docket: 6348087

Published

1995). With respect to the interest rate, section 687.01, Florida Statutes (2016) provides that “[i]n

American Home Assurance Co. v. Weaver Aggregate Transport, Inc.

89 F. Supp. 3d 1294, 2015 WL 846650

District Court, M.D. Florida | Filed: Feb 26, 2015 | Docket: 64300726

Published

2d 1283, 1299 (M.D.Fla.2013) (citing Fla. Stat. § 687.01). The prejudgment interest is the rate effective

Jenkins v. Plaza 3000, Inc.

134 So. 3d 1127, 2014 WL 537494, 2014 Fla. App. LEXIS 1838

District Court of Appeal of Florida | Filed: Feb 12, 2014 | Docket: 60239042

Published

be used to calculate prejudgment interest. See § 687.01, Fla. Stat. (2012); Argonaut Ins. Co. v. May Plumbing

Thomas Cook UK Ltd. v. Maesbury Homes, Inc.

280 F.R.D. 649, 2012 U.S. Dist. LEXIS 28330, 2012 WL 714814

District Court, M.D. Florida | Filed: Mar 5, 2012 | Docket: 66047236

Published

the rate provided for by Florida law. Fla. Stat. § 687.01 (rate in absence of contract is provided in §

Morroni v. Philip L. Burnett, P.A.

38 So. 3d 195, 2010 Fla. App. LEXIS 7818, 2010 WL 2178743

District Court of Appeal of Florida | Filed: Jun 2, 2010 | Docket: 60294560

Published

this the circuit erred as a matter of law. See § 687.01, Fla. Stat. (2006); Perdue Farms Inc. v. Hook

Spiegel v. H. Allen Holmes, Inc.

867 So. 2d 1277, 2004 Fla. App. LEXIS 3748, 2004 WL 574552

District Court of Appeal of Florida | Filed: Mar 24, 2004 | Docket: 64828902

Published

agreement. SHAHOOD and TAYLOR, JJ., concur. . See § 687.01, Fla. Stat. (2003) (“In all cases where interest

Computer Task Group, Inc. v. Peierls

810 So. 2d 977, 2002 Fla. App. LEXIS 1278, 2002 WL 191561

District Court of Appeal of Florida | Filed: Feb 8, 2002 | Docket: 64813231

Published

court employed the variable rates prescribed by section 687.01 for each of the years beginning in 1988 and

City of Miami v. Gilbert

630 So. 2d 1241, 1994 Fla. App. LEXIS 414, 1994 WL 24084

District Court of Appeal of Florida | Filed: Feb 1, 1994 | Docket: 64746031

Published

on unpaid workers' compensation pursuant to section 687.01, Florida Statutes, which at the time was six

Public Health Trust v. State, Department of Management Services, Division of State Employees' Insurance

629 So. 2d 189, 1993 Fla. App. LEXIS 11268, 1993 WL 458839

District Court of Appeal of Florida | Filed: Nov 9, 1993 | Docket: 64744986

Published

since such a provision will be implied by law. § 687.01, Fla.Stat. (1971). The principle is established

Genvest General Investments v. Lake Nona Corp.

594 So. 2d 787, 1992 Fla. App. LEXIS 368, 1992 WL 9641

District Court of Appeal of Florida | Filed: Jan 24, 1992 | Docket: 64665545

Published

times since the making of the mortgage note, section 687.01, Florida Statutes, has provided that interest

Roberts v. CFW Construction Co.

586 So. 2d 1309, 1991 Fla. App. LEXIS 13937, 1991 WL 194158

District Court of Appeal of Florida | Filed: Oct 3, 1991 | Docket: 64662142

Published

the note became a debt which was subject to section 687.01, Florida Statutes (1989). We therefore affirm

Vanguard Insurance Co. v. St. Johns County

578 So. 2d 1132, 1991 Fla. App. LEXIS 3008, 1991 WL 44913

District Court of Appeal of Florida | Filed: Apr 4, 1991 | Docket: 64658518

Published

thereon (simple interest at 12% per annum under section 687.01, Florida Statutes) from the date of payment

Kyle v. Budzinski (In re Kyle)

123 B.R. 111, 1990 Bankr. LEXIS 2724

United States Bankruptcy Court, S.D. Florida. | Filed: Dec 14, 1990 | Docket: 65780130

Published

two extremes. On one hand, that Florida Statute § 687.01 calls for interest at the rate of 12 percent.

State, Department of Transportation v. M.C.C. of Florida, Inc.

540 So. 2d 834, 13 Fla. L. Weekly 2727, 1988 Fla. App. LEXIS 5550

District Court of Appeal of Florida | Filed: Dec 14, 1988 | Docket: 64641357

Published

claims presented to DOT.” 457 So.2d at 528. Section 687.01, Florida Statutes (1977), provides: In all

Better Plastics, Inc. v. Kissimmee Utility Authority

511 So. 2d 402, 12 Fla. L. Weekly 1834, 1987 Fla. App. LEXIS 9607, 1987 WL 1364515

District Court of Appeal of Florida | Filed: Jul 30, 1987 | Docket: 64628920

Published

prejudgment interest on the overcharge refund under section 687.01, Florida Statutes and Argonaut Insurance Company

Palm Beach County v. Town of Palm Beach

507 So. 2d 1154, 12 Fla. L. Weekly 1253, 1987 Fla. App. LEXIS 8150

District Court of Appeal of Florida | Filed: May 13, 1987 | Docket: 64627469

Published

May Plumbing Co., 474 So.2d 212 (Fla.1985); Section 687.01, Florida Statutes (1983). IT IS ORDERED AND

Jewelcor Jewelers & Distributors, Inc. v. Southern Ornamentals, Inc.

499 So. 2d 850, 11 Fla. L. Weekly 2487, 1986 Fla. App. LEXIS 10790

District Court of Appeal of Florida | Filed: Nov 26, 1986 | Docket: 64623960

Published

of instances. The legal rate of interest in section 687.01, Florida Statutes, was changed from six to

Chiado v. Rauch

497 So. 2d 945, 11 Fla. L. Weekly 2369, 1986 Fla. App. LEXIS 10598

District Court of Appeal of Florida | Filed: Nov 14, 1986 | Docket: 64623072

Published

1984, through entry of the final judgment. See section 687.01, Fla. Stat. (1983). REVERSED in part and REMANDED

Truck & Trailer Sales Corp. v. Carolina Freight Carriers Corp.

500 So. 2d 177, 11 Fla. L. Weekly 1809, 1986 Fla. App. LEXIS 9422

District Court of Appeal of Florida | Filed: Aug 15, 1986 | Docket: 64624093

Published

At that time, the interest rate was set by Section 687.01, Florida Statutes (1981), at six percent per

Truck & Trailer Sales Corp. v. Carolina Freight Carriers Corp.

500 So. 2d 177, 11 Fla. L. Weekly 1809, 1986 Fla. App. LEXIS 9422

District Court of Appeal of Florida | Filed: Aug 15, 1986 | Docket: 64624093

Published

At that time, the interest rate was set by Section 687.01, Florida Statutes (1981), at six percent per

Olde MacDonald's Farms Inns Corp. v. McDill Columbus Corp.

476 So. 2d 315, 10 Fla. L. Weekly 2324, 1985 Fla. App. LEXIS 16527

District Court of Appeal of Florida | Filed: Oct 10, 1985 | Docket: 64614531

Published

reversed by the appellate court, which held that section 687.01, Florida Statutes, was applicable since the

Olde Macdonald's Farms Inns Corp. v. McDill Columbus Corp.

473 So. 2d 797, 10 Fla. L. Weekly 1902, 1985 Fla. App. LEXIS 15181

District Court of Appeal of Florida | Filed: Aug 8, 1985 | Docket: 64613513

Published

reversed by the appellate court, which held that section 687.01, Florida Statutes, was applicable since the

Aetna Casualty & Surety Co. v. Castle Supply Co.

467 So. 2d 1115, 1985 Fla. App. LEXIS 13802, 10 Fla. L. Weekly 1112

District Court of Appeal of Florida | Filed: May 1, 1985 | Docket: 64611568

Published

to the legal rate of interest specified in section 687.01, Florida Statutes (1983). Therefore, we reverse

Kelly v. W & S Service Centers, Inc.

451 So. 2d 1044, 1984 Fla. App. LEXIS 13738

District Court of Appeal of Florida | Filed: Jun 26, 1984 | Docket: 64605537

Published

through April, 1983. The trial court, pursuant to Section 687.01, Florida Statutes, awarded buyers prejudgment

Erskine Florida Properties, Inc. v. Hartwell

451 So. 2d 976, 1984 Fla. App. LEXIS 13667

District Court of Appeal of Florida | Filed: Jun 13, 1984 | Docket: 64605491

Published

1982, the effective date of an amendment to Section 687.01, Florida Statutes (Supp.1982). From July 1

Carner v. Carner

426 So. 2d 1100, 1983 Fla. App. LEXIS 27728

District Court of Appeal of Florida | Filed: Feb 1, 1983 | Docket: 64595109

Published

interest on such installments be six per cent, see § 687.01, Fla.Stat. (1981); in all other respects, the

Lawyers Surety Corp. v. Clarke

413 So. 2d 1260, 1982 Fla. App. LEXIS 20025

District Court of Appeal of Florida | Filed: May 12, 1982 | Docket: 64589964

Published

interest should be awarded, is controlled by section 687.01, Florida Statutes (1981). We reverse and remand

Electron Tubes International, Inc. v. Shell Containers, Inc.

410 So. 2d 660, 1982 Fla. App. LEXIS 19425

District Court of Appeal of Florida | Filed: Mar 9, 1982 | Docket: 64588304

Published

Brinson Construction Co., 78 So.2d 873 (Fla.1955); § 687.01, Fla. Stat. (1979). Affirmed in part; reversed

South Carolina Insurance v. Pensacola Home & Savings Ass'n

406 So. 2d 1280, 1981 Fla. App. LEXIS 21794

District Court of Appeal of Florida | Filed: Dec 9, 1981 | Docket: 64586668

Published

parties agree that the appropriate rate is 6%, § 687.01 Fla.Stat. (1979). The claim of the named insured

George L. Simonds Co. v. Graham

395 So. 2d 1190, 1981 Fla. App. LEXIS 20233

District Court of Appeal of Florida | Filed: Mar 5, 1981 | Docket: 64581305

Published

effect at the time of the claimant’s accident. § 687.01, Florida Statutes (1977); Myers, supra. Accordingly

Combs v. St. Joe Papermakers Federal Credit Union

383 So. 2d 298, 1980 Fla. App. LEXIS 16613

District Court of Appeal of Florida | Filed: May 7, 1980 | Docket: 64576007

Published

Powell, 365 So.2d 754 (Fla. 2nd DCA 1978) and Section 687.01, F.S., 1977. The work the Cabinet Shop did

Mercy Hospital v. Dodson

382 So. 2d 817, 1980 Fla. App. LEXIS 16550

District Court of Appeal of Florida | Filed: Apr 14, 1980 | Docket: 64575663

Published

no higher rate. § 55.-03(1), Florida Statutes; § 687.01, Florida Statutes; Miami-Dade Water & Sewer Authority

Miami-Dade Water & Sewer Authority v. Caravasios

377 So. 2d 56, 1979 Fla. App. LEXIS 16130

District Court of Appeal of Florida | Filed: Dec 3, 1979 | Docket: 64572930

Published

judge’s order is hereby modified to so reflect. § 687.01, Fla.Stat.; Parker v. Brinson Construction Co

Syna v. Shell Oil Co.

241 So. 2d 458, 1970 Fla. App. LEXIS 5457

District Court of Appeal of Florida | Filed: Nov 17, 1970 | Docket: 64517631

Published

highest allowable interest rate is 6% per year. See § 687.01, Fla.Stat. Appellant prayed: (a) for an accounting

Board of Public Instruction v. Wright

77 So. 2d 770

Supreme Court of Florida | Filed: Jan 7, 1955 | Docket: 64486332

Published

22745, Laws of Florida, on May 29, 1945, F.S.A. § 687.01, and 6 per cent, on those maturing after that