California Court Reverses $3M Punitive Damages Award In Asbestos-Talc Case

(July 7, 2022, 8:55 AM EDT) -- LOS ANGELES — Evidence of a company’s negligence and that it knew asbestos in sufficient levels could cause disease does not rise to the type of malice, oppression or fraud required by executives for an award of punitive damages, a divided California appeals court said July 5 in reversing the award....

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