Following the highly publicized $190 million verdict in NYCAL in five consolidated asbestos cases, the defendants were successful in reducing the collective award to just under $30 million on a post-trial motion. While the trial court rejected the defendants’ arguments on certain evidentiary issues, causation, apportionment, consolidation, and recklessness, it recognized that the verdicts materially deviated from what would be reasonable compensation.
The court applied the reasoning from the recent appellate court ruling in the Dummit case where the First Department assessed reasonable compensation based …
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