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Tobacco Road to Victory



The WSJ reports that Florida's Supreme Court, today, upheld a decision, made by an appellate court in 2003, to toss out a $145 billion verdict against America's largest tobacco companies, made in Engle in 2000. This award was the largest single punitive award in US history. In a 79-page ruling, the court wrote:

"We vacate the punitive damages award because we unanimously conclude that the punitive damages award is excessive as a matter of law..."
Read the whole thing ($$$) here.

 

 


Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.