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Texas Update

June 25, 2010

Texas Supreme Court Reverses Humongous Punitive Damages Award Against Cattle Rustler:
The principal issues in this dispute over cattle owned by one rancher and rustled by another are (1) whether $1.25 million in punitive damages violates due process when actual damages were $5,300 and (2) whether agency principles support punitive damages against a corporation for its president’s acts.
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