News & Insights |
Bonnie Ackerman (Of Counsel-White Plains) wrote “The Double-Edged Sword of Medical Professionals’ Apologies” for the Third Quarter 2019 issue of Inside Medical Liability magazine. The article details the pros and cons and legislation related to the ramifications of apologies by physicians in the event of adverse medical outcomes.
In a recent asbestos case before New Jersey’s Superior Court in Middlesex County, the court levied a $1 million punitive damages award against a manufacturer of products for residential and commercial boiler applications. . Punitive damages are designed to punish a wrongdoer for particularly egregious conduct and to deter that party from future misconduct.
The decision in this case, one of the first addressing auditor scienter in the Chinese reverse merger context, will provide important precedent in future cases.
