Bloomberg-

A bankruptcy judge who slammed Bank of America Corp. for its treatment of a California couple over a foreclosure declined a request to tear up the scathing opinion, saying it was important “to name and to shame” the company in order to shed light on practices that affect consumers.

U.S. Bankruptcy Judge Christopher Klein was labeled a “hero judge” by Money magazine for his March ruling, which blasted Bank of America for its “heartless” conduct against the couple, Erik and Renee Sundquist, and awarded more than $45 million in damages. The bank agreed to pay the Sundquists several million dollars more than the $6 million they won at trial if Klein’s opinion was expunged.

“This was a naked effort to coerce this court to erase the record,” Klein wrote in a Thursday opinion. “No chance. No dice.”

[BLOOMBERG]

Sundquist MemoOpinion by DinSFLA on Scribd

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