Charles Otten

Charlie Otten, Melinda Sunderland, Morgan Pottinger McGarvey Firm News · November 1, 2016

Court of Appeals Adopts 1:1 Ratio for Punitive Damages in Actions Involving Sophisticated Parties Suffering Only Economic Loss

Grant Thornton, LLP v. Yung, No. 2014-CA-001957-MR 2016, Ky. App. LEXIS 164 (Ct. App. Sep. 16, 2016), which is pending before the Kentucky Supreme Court on a motion for discretionary review, involved an action by the 1994 William J. Yung Family Trust (“Trust”) against accounting …

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Court of Appeals Adopts 1:1 Ratio for Punitive Damages in Actions Involving Sophisticated Parties Suffering Only Economic Loss

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