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Sharing of Transactions

A long-time client of a bank was publicly shamed and embarrassed when the bank filed a case against him in court. He is a respected lawyer who is well-known in his community. The filing of the case caused the defendant significant distress. While exemplary damages and attorney's fees are warranted in this case due to the bank's callous actions, the trial court's damages award was excessive and has been reduced.

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Hansel
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0% found this document useful (0 votes)
37 views1 page

Sharing of Transactions

A long-time client of a bank was publicly shamed and embarrassed when the bank filed a case against him in court. He is a respected lawyer who is well-known in his community. The filing of the case caused the defendant significant distress. While exemplary damages and attorney's fees are warranted in this case due to the bank's callous actions, the trial court's damages award was excessive and has been reduced.

Uploaded by

Hansel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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[a] client who has shared transactions for over twenty years with a bank xxx.

The
shabby treatment given the defendant is unpardonable since he was put to shame and
embarrassment after the case was filed in Court. He is a lawyer in his own right,
married to another member of the bar. He sired children who are all professionals in
their chosen field. He is known to the community of golfers with whom he
gravitates. Surely, the filing of the case made defendant feel so bad and bothered.

To deter others from emulating petitioners callous example, we affirm the award of
exemplary damages.[22] As exemplary damages are warranted, so are attorney's fees.[23]
We, however, find excessive the amount of damages awarded by the trial court in favor of private
respondent with respect to his counterclaims and, accordingly, reduce the same as

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