Update: $65.1 million verdict in Florida

The Daily Business Review has more on the Eller Media trial and verdict in Florida (Jul. 10). While the story unfortunately does not take any steps to resolve the question of whether the defense theory of a lightning strike had any legitimacy, the story does reveal that the beneficiary of the $65.1 million verdict will be a father who abandoned his son when he was two, and then had little to do with him over the next ten years before there was a potential deep-pocket defendant. The plaintiffs were allowed to argue to the jury that the profits of Clear Channel Communications—which bought the defendant years after the incident—should be considered. (Jessica Walker, “Strategies on the Way to a $65 Million Verdict”, Jul. 12).

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