$6M punitive award reinstated

Determining that an arbitrator did not blatantly disregard the law, the 8th U.S. Circuit Court of Appeals reinstated a $6 million punitive damages award for a Kansas City couple fearing foreclosure. The key unlocking Thursday's decision was the determination that Missouri's law prohibiting punitive damage waivers created ambiguity when melded with provisions within the Federal ...

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$6M punitive award reinstated

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