Indian Head National Bank v. Corey

The plaintiff, Indian Head National Bank, appeals an order awarding counsel fees to the defendant George D. Corey based on the express finding of the Superior Court (Goode, J.) that the bank’s delay in discharging its obligations under a consent decree was “arbitrary, capricious and [in] bad faith. . . .” The bank claims that the findings do not support an award of counsel fees, and that the evidence does not support the findings. We affirm, and further grant Mr. Corey interest of 12% on the trial court’s award, together with his counsel fees and double his other costs incurred in this appeal.