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Home / News Stories / Sanctions of $10M against Blue Cross reversed (access required)

Sanctions of $10M against Blue Cross reversed (access required)

A bankruptcy judge in North Car­olina wasn’t wrong when he found that a big insurance company creditor had acted in bad faith. But when he whacked the insurer hard – a claim of more than $10 million was dismissed and he ordered the carrier to pay the debtor’s attorneys’ fees of $1.29M – his “staggering” sanctions ...