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Exxon ruling may stem punitive damage ratios

The days of large punitive-damage awards may be coming to an end. Erwin Chemerinsky, law professor and founding dean of the University of California-Irvine School of Law, said the U.S. Supreme Court moved litigants down the road to lower punitive awards during the last term when the court decided in Exxon Shipping v. Baker that ...

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