Legal Opinion
Pioneer Commercial Funding Corp. v. American Financial Mortgage Corp.
Pennsylvania Court of Common Pleas, Philadelphia County
Decided December 4, 2000No. 0885PublishedCited by 2 opinions
1Opinion of the Court
COHEN, J.,
The court has before it the post-verdict motions of defendant CoreStates Bank NA., as well as post-verdict motions of defendants American Financial Mortgage Corporation, Thomas F. Flatley, and plaintiff Pioneer Commercial Funding Corporation which were filed in the aftermath of a long, bitterly contested trial. Testimony in this matter began on June 2, 2000. The jury returned a verdict on July 26, *332000. The jury awarded the plaintiff, Pioneer Commercial Funding Corporation, $13.5 million in consequential damages and $337.5 million in punitive damages against the bank. This was a…
2Cases cited54 opinions
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- TXO Production Corp. v. Alliance Resources Corp.Supreme Court of the United States · 1993
- Feld v. MerriamSupreme Court of Pennsylvania · 1984
- Delahanty v. First Pennsylvania Bank, N.A.Supreme Court of Pennsylvania · 1984
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3Cited by2 opinions
- Reilly Foam Corp. v. Rubbermaid Corp.District Court, E.D. Pennsylvania · 2002
- Pioneer Commercial Funding Corp. v. American Financial Mortgage Corp.Supreme Court of Pennsylvania · 2004