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UPDATE: US Supreme Court Dismisses Philip Morris Damages Appeal 

(Updates to add details on the case)
Jump to full article: Dow Jones News Service, 2009-03-31
Author: Mark H. Anderson Of DOW JONES NEWSWIRES

Intro:

The Supreme Court's dismissal also means no new legal precedent was set on punitive damages, a development that is likely to disappoint business groups that have continued to press for additional punitive damages guidance from the high court.

The dismissal came in a short court order that offered no details on why the appeal was dismissed. No justices dissented from the dismissal.

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