Brendon DeMay Quoted in Financial Times on $101M Jury Verdict Win Against Walmart
As highlighted in a recent Financial Times article, companies were hit with record damages in 2024 as a result of U.S.-based lawsuits, with significant jury awards sparking a phenomenon known as “nuclear verdicts.” The average award against a defendant in U.S. disputes rose from $41.7 million in 2023 to $65.7 million in 2024.
The Financial Times pointed to one prominent example: HSG’s monumental win on behalf of client London Luxury against Walmart, where a jury awarded London Luxury $101 million after finding the retail giant had breached an agreement to buy 7 billion nitrile gloves in the early months of the Covid-19 pandemic.
Brendon DeMay, HSG partner and co-lead counsel to London Luxury, said the verdict was a win against big companies that think they can “push around their suppliers.”
Read the full article here.