Hayes v. Quincy (In Re WPMK Corp.)

ORDER GRANTING DEFENDANTS’ MOTION FOR PARTIAL SUMMARY JUDGMENT ON THE ISSUE OF PUNITIVE DAMAGES

SAMUEL P. KING, District Judge.

This case is an adversarial proceeding in bankruptcy court arising out of the operation and management of WPMK Corporation, a timeshare developer, and Paradise Palms Vacation Club (PPVC), its non-profit membership arm. Both corporations are now in bankruptcy. The plaintiffs, trustees for the combined estates, are suing assorted officers, directors, and other corporate agents for various alleged breaches of their fiduciary duties to the corporations.

In its second…