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Thursday, June 30, 2005
Bloglines - $12.5M Federal Verdict Leaves Both Sides Unhappy
Bloglines user Lawboat (firstname.lastname@example.org) has sent this item to you, with the following personal message:
That's a good result when everyone leaves unhappy....
Lawyers on both sides were disappointed when a federal jury awarded more than $12.5 million to a Pennsylvania polyurethane manufacturer in its dispute with Bayer Corp. over allegedly faulty pieces of factory equipment. The plaintiff was hoping for an award of more than $500 million, but Bayer's defense team argued that the evidence supported an award under $1 million. Hopes for a huge verdict were dashed when the jury rejected the plaintiff's fraud claim, foreclosing the possibility of punitive damages.