The Era of Big Punitive Damage Awards is Not Over

Wall Street Journal, July 10, 2008

This June, the Supreme Court, in a 5-3 decision, reduced the punitive damages in the 1989 Exxon Valdez spill from $2.5 billion to "only" $507 million. Partisans on both sides of Exxon Shipping v. Baker portrayed the decision as a victory for business -- but plaintiffs' lawyers will find a lot to like in this case. If anything, the opinion highlights the need for legislative reform of arbitrary punitive damage awards.


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The Firm

Wall Street Journal, June 18, 2008

If there's a moral in this week's felony settlement by class-action lawsuit giant Milberg Weiss, it's this: Prosecutors should keep digging into tort-bar practices. The details are even worse than the headlines.


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