Does Port Authority Owe Interest for Breach of Contract?
Vandercar LLC v. The Port Authority of Greater Cincinnati Development Authority, Case No. 2022-1312
First District Court of Appeals (Hamilton County)
ISSUES:
- In a breach of contract case, must a port authority pay prejudgment interest if it is found liable?
- Does R.C. 4582.22(A) waive all immunity from lawsuits for port authorities, including the immunity protecting them against payment of prejudgment interest?
- When a port authority is engaged in traditionally commercial, rather than governmental, functions, does it have the same responsibility as any other private party, including the obligation to pay prejudgment interest?