A Philadelphia Common Pleas judge has tossed out a $3 million verdict awarded to a real estate broker that sued its insurer and lawyer after it was hit with an $11.4 million verdict in a defamation suit.
In his 68-page opinion in Miller v. Continental Casualty Co., Judge Allan L. Tereshko found that the plaintiff had not suffered any true damages because the insurer had agreed to guarantee the judgment in the defamation case and later settled the case for $8.5 million.
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