Leo Payne Pontiac, Inc. v. Ratliff

We granted certiorari in this case to consider the petitioner’s contention that the decision of the Court of Appeals in Leo Payne Pontiac, Inc. v. Ratliff, 29 Colo. App. 386, 486 P.2d 477 relating to the questions of remittitur and excessive exemplary damages is contrary to the established law of this state. The Court of Appeals ruled against the petitioner on all of his assignments of error, but Jield that the trial court was without jurisdiction to order a remittitur of $4,000 of the $7,500 exemplary damages awarded by the jury without first obtaining the consent of the plaintiff. As one of…