Fiat Chrysler Loses Appeal Of $40M Fatal Jeep Fire Award

By RJ Vogt (March 15, 2018, 10:50 PM EDT) -- The Georgia State Supreme Court upheld a $40 million award to the family of a boy who died in 2012 when riding in a 1999 Jeep Grand Cherokee after the car was rear-ended and burst into flames, finding the salary and benefits of Fiat Chrysler Automobiles' CEO were admissible evidence.

Fiat Chrysler had argued that lower courts were wrong to let Remington Walden's family present CEO Sergio Marchionne's $68 million compensation as evidence in the case, claiming common law evidentiary rules against party-wealth evidence should have barred the CEO's finances from being admitted.

But all nine justices rejected those arguments on...

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