Will The High Court Make Damages Less Punitive?

It started out nine years ago as an arcane dispute over the title to a desolate spit of land. But TXO Productions Corp., a Dallas-based unit of USX Corp., made a federal case over a 1,000-acre tract in West Virginia's coal country. Now, the legal squabble has become Corporate America's best chance to squelch what it claims is an epidemic of megabucks punitive-damage awards.

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