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Punitive Damages Take Big Hit in Calif.
A state appeals court stunned California plaintiffs lawyers last week by issuing a bombshell ruling that completely alters the long-established process judges and juries use to determine punitive damages.
Conference Call: Exxon Appeals Award to High Court
On Oct. 26, the Supreme Court will consider whether to hear Exxon's appeal of a punitive damages award in the Exxon Valdez oil spill, which argues that even the reduced amount remains excessive under both maritime law and constitutional due process.Going In-House? It Might Be a Wise Move
Earlier this year, Judge J. Michael Luttig of the 4th Circuit stunned the legal world by surrendering his lifetime appointment to the bench in favor of the top legal job at Boeing. In his letter of resignation, Luttig called the job a "singular opportunity," one he couldn't pass up. Luttig's move did not come as a surprise, however, to the in-house bar, which has noted that the career door that used to swing between government and law firms now revolves with a corporate stop as well for many top lawyers.Intel, Lockheed, others want business as usual
Not in this economy. That's Intel Corp.'s argument against new taxes on overseas income. It's Overstock.com Inc.'s objection to making unions easier to form. Ditto Lockheed Martin Corp.'s case against scrapping production of the F-22 jet. U.S. companies are stepping up their fight against President Barack Obama's proposals not aimed squarely at reviving the economy.
Seeking Consistent Rules in Corporate Prosecutions
The initials BP are by now a household word. It is a name that in the public mind at least has become synonymous with longtime legal, environmental and safety issues. The story starts in 1965, when the oil rig Sea Gem collapsed and killed 13 crew members in the icy waters of the North Sea. Then came 40 years of toxic waste dumping, and oil and gas price manipulations, followed by the disastrous Texas City oil refinery blast of 2005 that left 15 workers dead. Houston lawyer Brent Coon (pictured) represented plaintiffs in the BP refinery blast, and now represents others in the Gulf oil spill.'Exxon': Another bad call on punitive damages
Punitive damages have been under attack in the U.S. Supreme Court for more than a decade. Beginning with BMW of North America Inc. v. Gore, and most recently with Philip Morris USA v. Williams, the court has announced due process standards that limit the ratio between compensatory and punitive damages and the types of evidence that a jury may consider. This summer, the court broke new ground in Exxon Shipping Co. v. Baker, ruling that the punitive damages awarded to the victims of the Exxon Valdez spill should be reduced as a matter of federal common law, even though the award was held consistent with due process.
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