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Los Angeles' 2nd District Court of Appeal ruled Tuesday it would grant Philip Morris USA Inc. a new trial on punitive damages unless cancer victim Richard Boeken's survivors agree to yet another reduction in a judgment that originally stood at a nationwide record of $3 billion in 2001. The reduction would slice the punitive award from 18 times the $5.5 million in compensatory damages to a ratio of 9-1, the outer limit suggested by the U.S. Supreme Court in its 2003 State Farm decision.
September 22, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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