In Re: Montgomery Ward Holding Corp., a Delaware Corporation, Reorganized Debtors Montgomery Ward & Co., Incorporated v. Meridian Leasing Corporation
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
SHADUR, District Judge.
Meridian Leasing Corporation (“Meridian”) appeals from an order of the United States District Court for the District of Delaware that reversed an order of its Bankruptcy Court by reducing the amount of the rejection damages claim that Meridian had filed against Montgomery Ward Holding Corp and Montgomery Ward & Co., Inc. (collectively “Montgomery Ward”). We affirm the District Court’s decision that Meridian has sought to recover an amount that represents uncollectible punitive damages, but we remand for a determination of Meridian’s damages at common…
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