Tag Archives: Fed. R. Evid. 701(a)

Eleventh Circuit Affirms Judgment as a Matter of Law Tossing a $300 Million Verdict, Owing to Admission of Hearsay Valuation Evidence, Yet Remands for a New Trial on Damages

In Taxinet Corp. v. Leon, No. 22-12335 (11th Cir. Aug. 19, 2024), the Eleventh Circuit affirms judgment as a matter of law that wiped out a $300 million jury verdict on a state law unjust-enrichment claim, after the district court held that it erred in admitting hearsay valuation evidence. Yet the panel exercises discretion toContinue reading “Eleventh Circuit Affirms Judgment as a Matter of Law Tossing a $300 Million Verdict, Owing to Admission of Hearsay Valuation Evidence, Yet Remands for a New Trial on Damages”