Action House, Inc., Plaintiff-Counter-Defendant-Appellant v. Stanley Koolik, Defendant-Counter-Claimant-Appellee
Court of Appeals for the Second Circuit
1Opinion of the Court
WINTER, Circuit Judge:
Action House, Inc., appeals from Judge Cedarbaum’s order granting appellee Stanley Koolik’s motion to vacate a jury’s award of $362,000 in punitive damages on the ground that, under New York law, an award of punitive damages cannot be sustained in the absence of an award of compensatory damages. We believe that there should be a new trial on damages.
After some sixteen years of business, Stanley Koolik and Stanley Markowitz, each owner of half the shares (totaling 100) of a successful dress-making concern, Action House, Inc., decided to go them separate ways. This…
2Cases cited8 opinions
- Kronos, Inc. v. AVX Corp.New York Court of Appeals · 1993
- Riemer v. RiemerNew York Court of Appeals · 1972
- Bryce v. WildeAppellate Division of the Supreme Court of the State of New York · 1972
- Phelan v. Local 305 of United Ass'n of JourneymenCourt of Appeals for the Second Circuit · 1992
- Reinah Development Corp. v. Kaaterskill Hotel Corp.New York Court of Appeals · 1983
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