Author Archives: Andrew J. Scholz

Key NYCAL Asbestos Rulings Following $190 Million Verdict. What Does It Mean?

On February 5, 2015, New York County Supreme Court Justice Joan A. Madden issued a post-trial decision involving an asbestos consolidated trial that resulted in a $190 million plaintiffs’ verdict for five mesothelioma plaintiffs. The most notable part of the 29 page decision related to reduction of damages. Here, the Court reduced the $190 million jury verdict to just under $30 million.  In re: New York City Asbestos Litig. (Assenzio) (Brunck) (Levy) (Serna) (Vincent), 2014 WL 514932 (Sup. Ct. New York Cty. 2015). In doing…

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