News & Insights |
William Hake (Partner-San Francisco) has been appointed to the faculty of Harvard Law School as a Lecturer on Law for the Winter 2020 term. For more than 25 years, Bill has taught Trial Advocacy at Harvard School of Law, as well as at Stanford University School of Law and for the National Institute of Trial Advocacy (NITA).
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.
