April 27, 2008
$200 million in punitives cut from award against Genentech.
The California Supreme Court: No punitive damages can be awarded for a breach of contract claim absent a fiduciary relationship between the parties. But the court still awards to City of Hope National Medical Center $300 million in gene-splicing technology royalties in 1976 contract dispute. See San Francisco Chronicle and Law.com.
Posted by JD Hull at April 27, 2008 11:29 PM