Last week, we covered the enormous verdict in the Trinity guardrail case: $175 million which, when tripled under federal law, could mean a verdict of $525 million. While Trinity has indicated it plans to appeal the jury verdict, that may not be necessary.
Why? The judge in the case has just referred the parties to mediation with a Duke Law professor, Francis McGovern, who is one of the foremost experts in alternative dispute resolution. On top of that, Trinity faces uneasy investors and declining stock prices, both of which would be alleviated by a resolution of the case.