In Re Grand Jury Proceedings the Bank of Nova Scotia. United States of America v. The Bank of Nova Scotia

FAY, Circuit Judge:

This case is an appeal by the Bank of Nova Scotia, (“The Bank”), of an order of civil contempt and the imposition of a $1,825,000 fine entered by the United States District Court for the Southern District of Florida. On numerous occasions the district judge ordered the Bank to comply with a grand jury subpoena duces fe cum. The Bank continuously disregarded the court’s orders. The district judge concluded that the Bank did not act in good faith and found it in contempt of court. He imposed a $25,000 per day fine for as long as the Bank did not comply with the subpoena. The…