U.S. Court of Appeals for the 9th Circuit
Mar. 1, 2014
Liberal judges say consumers deserve same deal as corporations
In a provocative challenge to the U.S. Supreme Court, Circuit Judge Stephen R. Reinhardt has urged the justices to do for consumers facing credit card late fees what they did for corporations slapped with punitive damage awards.
Daily Journal Staff Writer
In a provocative challenge to the U.S. Supreme Court, Circuit Judge Stephen R. Reinhardt has urged the justices to do for consumers facing credit card late fees what they did for corporations slapped with punitive damage awards. The high court famously held a decade ago that to satisfy due process, few punitive awards should exceed nine times the amount of the actual losses sustained by the plaintiff and should ...
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