An appellate court in California upheld a $28 million punitive damages award against Philip Morris because of that company's "extremely reprehensible" behavior. The award is 33 times the amount of compensatory damages awarded in the case, which raises concerns that it is not consistent with a previous ruling in State Farm v. Campbell. However, it was found that Simon v. San Paolo allows the company's wealth to be taken into consideration. Mike McKee, Law.com 04/24/2006 Read Article: Law.com
Tuesday, April 25, 2006
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment