From rapper Flo Rida’s $82 million breach of contract case against an energy drink company to a nearly $1 billion sports car liability award against Mitsubishi, juries across the country in 2023 found corporate defendants liable for over $14.5 billion in “nuclear verdicts.”
Tag: liability
Container Ship Owner, Manager Seek Legal Shield Against Baltimore Disaster Claims
The owner and manager of a container ship that crashed into the Francis Scott Key Bridge in Baltimore filed a petition in a Maryland federal court in an effort to head off potential liabilities of up to $43.7 million as an investigation gets under way to determine the cause of the disaster.
APCIA: Commonsense Reforms Are Needed in Third-Party Litigation Financing
The American Property Casualty Insurance Association (APCIA) released the following statement in support of today’s House Committee on Oversight and Accountability hearing entitled, “Unsuitable Litigation: Oversight of Third-Party Litigation Funding.”
Ohio Bakery Awarded $44 Million in Libel Case Against Oberlin College
An Ohio bakery that sued Oberlin College for libel over accusations of racism has been awarded a total of $44 million in damages. The family behind Gibson’s Bakery sued the liberal arts institution and a school administrator after the Oberlin bakery was the focus of protests following the arrest of three black students involved in… Continue reading Ohio Bakery Awarded $44 Million in Libel Case Against Oberlin College