So here's some interesting facts about the top 100 verdicts nationally of 2010. Largest verdict $1.3 billion ;Oracle U.S.A. vs. SAP AG. An intellectual property case handled for the plaintiff by David Boies. The hundreth biggest verdict a $20 million verdict in a breach of contract case(Umma Resources vs.Key Energy,Texas).
Did you know that 50 of the top 100 highest verdicts were personal injury cases; including products liability, tobacco, motor vehicle, nursing home negligence, medical malpractice and toxic tort cases. Verdicts were rendered in Florida, Texas, California, Pennsylvania, Delaware, Hawaii, New York, Nevada and even Arkansas.
Only 2 of the top ten verdicts involved personal injury. There were 18 verdicts over $100 million and 41 verdicts over $50 million. There were 84 verdicts over 25 million. Several included punitive damages. Verdicts were rendered more frequently in State Court than Federal Court. Allright, enough already.
But it will be interesting to see how many are reduced or overturned via post-trial motions and the eventual appeals.
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