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..."