Apr 27
Blog Post: 'Extraordinary' $46M BofA Award Upends Punitives Formula
by Anonymous
When a bankruptcy judge hit Bank of America with a $46 million award last year — and then sidestepped U.S. Supreme Court precedent limiting punitive damages by sending most of that money to third parties — he may have set an example that could come back to haunt corporate wrongdoers, experts say.
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