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Front Page

Oct. 19, 2002

If Award Is Not Reduced, Philip Morris Could File Bankruptcy

Focus Column - Litigation - By Howard N. Madris - On Oct. 4, a Los Angeles jury issued a $28 billion punitive damages verdict against Philip Morris. The award was in addition to the $750,000 in economic damages and $100,000 for pain and suffering that the jury previously had awarded the plaintiff, a 64-year-old former smoker with lung cancer. Bullock v. Philip Morris Inc., BC249171 (L.A. Super. Ct. Oct. 4, 2002).

        Focus Column
        
        Litigation
        
        By Howard N. Madris
        
        On Oct. ...

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