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Analysis

'Extraordinary' $46M BofA Award Upends Punitives Formula

By Ryan Boysen ( April 27, 2018, 4:50 PM EDT) -- 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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