LYNCH, Chief Judge.
Pursuant to its inherent powers to issue sanctions for conduct undertaken in bad faith, the district court found one party to a settlement deserving of sanctions and ordered it to pay $469,000 in attorneys' fees and costs. That party, Cooperativa de Seguros de Vida de Puerto Rico ("COSVI"), foolishly had filed a token opposition to the sanctions motion filed by its opponent, F.A.C., Inc. ("FAC"). Only when the court allowed sanctions did COSVI...
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