NJ Panel Preserves $6M Award In Kia's Bad Brakes Suit

Law360, New York (April 3, 2012, 6:44 PM EDT) -- A New Jersey state appeals panel on Monday reversed a trial judge’s ruling that would have put aside a jury’s verdict and possibly increased the $6 million award for a class of plaintiffs who sued Kia Motors America Inc. over allegedly faulty brakes.

The appeals panel said a trial court judge failed to articulate a sufficient basis for her actions when in August she overturned both the jury’s verdict and a previous trial court judge’s decision regarding how damages should be figured in the case....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.