Third Circuit Backtracks; Malice Not Required for Punies on a Dismissed Involuntary
Even when after a finding of bad faith, the court retains discretion to deny punitive damages, Third Circuit says. Compensatory damages are not available if the debtor was failing anyway.
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Case Details
Case Citation
National Medical Imaging LLC v. U.S. Bank NA (In re National Medical Imaging LLC), 19-3057 (3d Cir. Aug. 25, 2020)
Case Name
National Medical Imaging LLC v. U.S. Bank NA (In re National Medical Imaging LLC)
Case Type
Business