In this AmLaw Litigation Daily story, the plaintiff’s attorney who recently won a $244 million punitive damages verdict against Philip Morris says the award was so high because “this was the first trial in which the jury heard about the ‘real financial resources’ of Philip Morris.”
It sounds like future proceedings will involve a fight over the U.S. Supreme Court’s statement in State Farm v. Campbell that “[t]he wealth of a defendant cannot justify an otherwise unconstitutional punitive damages award.”
