Verdicts: The Big Numbers of 1996

Article Abstract:

All of the top 1996 verdicts were for more than $200 mil, and 8 verdicts of $100 mil were not included in the top 10. In first place was a $22 bil verdict in a conversion case against former Philippine ruler Ferdinand Marcos by a man who claimed Marcos took from him a cache of World War II gold. Trial court reductions or reversals happened fast in 1996, however, and it is still too early to gauge the effect of BMW of North America v. Gore, although several courts cited the ruling in 1996 decisions to reduce trial verdicts. Verdicts for crime victims increased in 1996, as did legal malpractice verdicts. Business-related disputes continued to account for the largest share of awards.

Remedies, Torts

---

The big numbers of 1997; verdicts

Article Abstract:

The National Law Journal's survey of the largest 1997 jury verdicts found a decline in the number of very large jury verdicts from the year before. This decline appeared across the board, with some areas reflecting somewhat steeper drops and the decline in business disputes the greatest. Verdicts against employers as well as awards to the elderly and their estates were an exception to the trend of decline. Later reductions of large verdicts were common, with punitive damages most likely to be reduced. Most of the verdicts section is organized by subject.

states

---

Similar abstracts:

• Abstracts: Satisfaction or your money back; ruling says fees may be forfeited if client is unhappy with attorney conduct
• Abstracts: What's tobacco's future in Bush era? DOJ suit against the industry is key, but other suits abound. A carton of new tobacco trials; going against the grain, Brooklyn judge sets one a month
• Abstracts: The praying fields of Texas; Supreme Court will decide whether students may lead prayers at high school football games
• Abstracts: Jurors: a biased, independent lot; an NLJ-DecisionQuest poll finds potential jurors will ignore a judge and don't like Bib Business

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.