Overlawyered reports that the Ford Motor Company has settled the prominent Bronco rollover case, Romo vs. Ford Motor Company.
The original judgment in the case was approximately $295 Million, including punitive damages of $290 Million. In the wake of the U.S. Supreme Court's revisitation of punitive damages in Campbell v. State Farm, the California Court of Appeal reduced the punitive damage award from $290 Million to slightly more than $23 Million, as Decs & Excs previously reported here. The final settlement figure is reported to be $34.5 Million (some substantial percentage of which likely goes to the Romo family's attorneys for their many years of service).
The Court of Appeal's decision is unaffected by the settlement, and will remain citable for its detailed analysis of post-Campbell punitive damage analysis in California.
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