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Tobacco Industry Disappointed as U.S. Supreme Court refuses chance to re-consider $79 million Dollar punitive damage award

By Stan

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March 31 (Bloomberg) — The U.S. Supreme Court dismissed Philip Morris USA Inc.?s appeal of a $79.5 million smoker award, declining to rule in a case that business groups had hoped would lead to tougher restrictions on punitive damages.  The justices today issued a one-sentence order throwing out the Altria Group Inc. unit?s appeal of a [...]

Full post as published by LawReader on March 31, 2009 (boomark / email).

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