First National Bank & Trust Co. v. J.P. Schermerhorn & Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• accepting the premise that late fees collected as a penalty for late payment of rent were compensatory in nature
• requiring an adequate basis in the record to support a court’s damages determination

Source: CourtListener parenthetical corpus (CC0).