Southwestern Investment Company, Petitioner v. Claude D. Neeley, Respondents

Summary

The Texas Supreme Court held that the Court of Civil Appeals erred by failing to consider the jury‑determined ratio between exemplary and actual damages when it substantially reduced the actual damages award by remittitur. The Supreme Court reversed the appellate judgment and remanded for further consideration of that ratio. The decision clarifies Texas law that exemplary damages must be reasonably proportioned to actual damages, especially when a remittitur is ordered.