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Re: mschere post# 124598

Monday, 08/29/2005 7:52:23 PM

Monday, August 29, 2005 7:52:23 PM

Post# of 433025
Punitive damages awarded by the abitrators. NOK argued that the arbitrators awarded punitive damages when they did not have the authority to do so. This case,Mastrobuono v. Shearson Lehman Hutton, Inc. (94-18), 514 U.S. 52 (1995),
is one where the defendants also argued that the arbitrators did not have the authority to award punitive damages.
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