The punitive damages as reduced by the Supreme Court in Exxon v.
The punitive damages award suggests that all this made a powerful impression on the jury, but whether it will stand up on appeal is another matter.
FORBES: $12 Million Punitive Damages Award For Bill Koch Will Prolong His Wine Fraud Case
Finch is skeptical Reynolds can convince the Supreme Court to hear the Martin case, since the punitive damages lie well within the standard established in State Farm.
FORBES: After Losing In Florida, R.J. Reynolds Has Limited Options On Tobacco Cases
Bexis briefed the punitive damages issue, which was remanded.
The court also returned the issue of punitive damages to the lower court, saying that court abused its discretion by lumping them into the same class action.
The company said this was "all done in a transparent attempt to introduce the specter of punitive damages" in the case.
The ruling clears the way for the plaintiff to get punitive damages from the collector, a unit of West Corp.
With respect to the claims for punitive damages, we remand so that the district court may consider whether to certify the class under Rule 23(b)(2) or (b)(3).
That decision meant the actors could not receive punitive damages at the trial, and the remaining issue was a contract dispute.
Analysts are sanguine about the loss, even though punitive damages could be on the way.
In it, he appealed to the Supreme Court to resolve punitive damages litigation arising from the devastating 1989 oil spill in Alaska caused when the Exxon Valdez ran aground.
Updated April 14, 2013 to reflect the award of punitive damages.
FORBES: $12 Million Punitive Damages Award For Bill Koch Will Prolong His Wine Fraud Case
Of course, that holding defeats the purpose of punitive damages.
News of the World editor Colin Myler said the paper was pleased at the lack of punitive damages, but added that "our press is less free today after another judgement based on privacy laws emanating from Europe".
Now the group, which represents business interests, is opposing a laundry list of bills fluttering about Capitol Hill, which the chamber says would make it easier to organize a union, expand worker benefits at the expense of employers and lift the caps on punitive damages sought by employees in lawsuits.
Few knowledgeable people dispute the growing evidence that BP was negligent in the way it bungled the completion of the well and caused this blowout, and that its negligence was "willful and wanton, " terms used in maritime law for centuries to provide for the award of punitive damages against this kind of egregious misconduct.
Campbell, suggested that the ratio of punitive to compensatory damages should be in the single digits.
FORBES: After Losing In Florida, R.J. Reynolds Has Limited Options On Tobacco Cases
Among those named in the claim, which seeks unspecified exemplary and punitive damages, are the group's Simon Le Bon and Nick Rhodes, Microsoft and SFX Entertainment.
Although Bravin's previous plea agreement required him to pay back Band Pro for damages and legal fees, the outfit is now seeking punitive damages against both ARRI and Bravin himself.
ENGADGET: Band Pro seeking damages against ARRI and Michael Bravin, expects to get its data back
The judge also agreed to rule out punitive damages against Cameron International, the manufacturer of the blowout preventer on the ill-fated Deepwater Horizon rig, which was rocked by an explosion and fire in 2010 that killed 11 workers and touched off the enormous spill.
The main problem in America's tort system is not class actions, but rather punitive damages and the rest of it.
But what if juries continue to sock the tobacco companies with punitive damages, so that they collectively exceed constitutional limits?
FORBES: After Losing In Florida, R.J. Reynolds Has Limited Options On Tobacco Cases
Note that in this pretrial settlement, Liberty National didn't admit any wrongdoing or specify that the payments were for punitive damages.
Yet, although pleasing to corporate lawyers, the Supreme Court's guideline may restrict the ability of punitive-damages courts to promote economic efficiency.
Business groups--notably the oil industry and U.S. Chamber of Commerce--warn that a decision against Exxon could open the door to excessive punitive damages claims against other companies.
The only thing more impressive than Exxon's profits may be its lawyers: In its argument, the oil giant points to an 1818 maritime decision by the Supreme Court which says a company isn't liable for punitive damages based on the "wanton acts" of a ship's captain.
Sheldon Whitehouse has introduced Senate Bill 3345, which simply provides that in computing punitive damages in maritime cases, the amount of compensatory damages is not to be considered.
The 1996 bill included a punitive damages cap for both big and small businesses.
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