Book Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on May 26, 2003. The length of the article is 374 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: Supreme Court vacates $290m punitive award. (Washington Beat).(Ford Motor Co. v. Romo)
Author: Steven Brostoff
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: May 26, 2003
Publisher: The National Underwriter Company
Volume: 107 Issue: 21 Page: 42(1)Distributed by Thompson Gale
Excerpt. © Reprinted by permission. All rights reserved.
Insurance and business groups are lauding a decision by the U.S. Supreme Court to vacate a $290 million product liability punitive damage award.
In the case of Ford Motor Co. v. Romo, the high court ordered the Supreme Court of California to reconsider the punitive damage award in light of the recent decision in the case of State Farm v. Campbell.
In the State Farm case, the U.S. Supreme Court overturned a $145 million punitive damage award against the Bloomington, Ill.-based company, saying it was unfairly punished for actions that were legal in the jurisdictions where they curred and for conduct that was unrelated to issues on which it was being sued.
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