Stephanie Mencimer suggests that 11% of Alaskans would have switched their votes to Obama in 2008 if they knew that the eeeevil author of this op-ed was in Anchorage helping Governor Sarah Palin address the politically-motivated “Troopergate” investigation. Color me skeptical.
Inside Counsel magazine’s March 2009 issue quotes me (and mentions this blog) in a story about punitive damages and a Third Circuit ruling imposing a 1-to-1 limit on punitive damages in a bad-faith-failure-to-settle case, Jurinko v. Medical Protective Co. (albeit in a mysteriously unpublished decision). (Lauren Williamson, “Court Imposes 1-to-1 Punitive Damages Ratio”, Inside Counsel, March 2009; see also Shannon P. Duffy, “3rd Circuit Slashes Punitives, Imposes 1-1 Ratio”, Legal Intelligencer, Dec. 30.) I do take issue with the line “The decision continues a trend of appeals courts beginning to rein in punitive damage awards when there is no physical injury or ‘reprehensible’ behavior.” A 1-to-1 ratio isn’t “reining in” punitive damages awards in such cases, because just a generation ago, the ratio for such situations was zero-to-one, because punitive damages were to be limited to intentional or particularly reprehensible conduct. As I feared a few months ago, the 1-to-1 ratio “ceiling” the Supreme Court suggested in Exxon Shipping v. Baker has become a benchmark.
The magazine also has a short interview with Andrew Frey, the Mayer Brown litigator who has argued several Supreme Court punitive damages cases.
The latest issue of the Federalist Society’s Class Action Watch has many articles of interest to Overlawyered readers:
- William E. Thomson & Kahn A. Scolnick on the Exxon Shipping case;
- Jimmy Cline on Arkansas’s disregard for class action certification standards;
- Jim Copland on the “Colossus” class action;
- Laurel Harbour on the New Jersey Supreme Court decision on medical monitoring class actions;
- Lyle Roberts on lead-counsel selection in securities class actions;
- Mark A. Behrens & Frank Cruz-Alvarez on the lead paint public nuisance decision by the Rhode Island Supreme Court; and
- Andrew Grossman, extensively citing to Overlawyered and my brief in discussing the Grand Theft Auto class action settlement rejection.
I’ve done a podcast for the Federalist Society on the Supreme Court punitive damages decision in Exxon Shipping v. Baker.
Anchorage is beautiful this time of year, but, alas, my interview discussing the Exxon Shipping v. Baker case was over the phone. Not sure when they’ll run the clip, but probably tonight, since the decision has a good chance of being issued tomorrow.
Update: Here’s the story.
In today’s Washington Post:
Dana Milbank’s Feb. 28 column on Exxon Shipping Co. v. Baker operates on the premise that the winner of any Supreme Court argument should be whoever can best appeal to the justices’ sympathies regardless of the merits of the case. Such an approach is more appropriate for coverage of television game shows than the law.
The Post would do better to treat its readers like grownups and have its Supreme Court reporting done by journalists who don’t “yawn” at questions about the appropriateness of jury instructions.
– Theodore H. Frank
The writer is director of the American Enterprise Institute’s Legal Center for the Public Interest.
The WSJ’s Law Blog reported recently on the joy being experienced by lawyers in the firms representing plaintiffs in the Exxon Valdez case, their spirits dampened only mildly by the Ninth Circuit’s recent reduction in the punitive award from $4.5 billion to $2.5 billion. Those firms include traditional plaintiffs’ firms such as Milberg Weiss, but also firms normally seen representing defendants, such as Davis Wright Tremaine and Faegre & Benson.
How do Faegre & Benson lawyers feel about the prospect of sharing in perhaps one-third of $2.5 billion? “It’s great,” said partner Brian O’Neill to the WSJ. Any grief due to the $2 billion reduction is probably tempered by the amazing $2 billion in post-judgment interest that will be tacked onto the final bill. (Actually, maybe that’s not amazing in itself, since the case has been pending since 1989. Still, the interest “is not chicken s___,” as O’Neill put it.) O’Neill said of the titanic fee that is coming their way, “This is one of the few chances a bill-by-the-hour guy and a bill-by-the-hour firm has to get ahead.” I for one have been worried for some time about how the partners in these little “bill-by-the-hour firms” were managing to get by, so it’s good to know that for once they may have been able to afford that second can of beans for the family at Christmas dinner.
Damages in the case were estimated at about $500 million. The Ninth Circuit basically held that the evidence did not warrant a punitive award that went to the limit of what is permitted under State Farm v. Campbell, a 9:1 or “single-digit” ratio, and reduced the ratio to 5:1.