Joe Grundy:
1. Correct; the granting of the motion has no effect on the finding of cvil liability for any of the defendants.
2. Correct; compensatory damages are unaffected.
3. Correct; only the amount of punitive damages to be awarded is affected by the court's order.
4. Correct; the court's determination as to how much punitive damages should be reduced by is known as a "remittitur."
5. Correct, Ms. Conti has 30 days to decide whether to accept the $8.61 million in punitive damages as reduced by the remittitur or to proceed with a new trial only on the issue of how much in punitive damages should be awarded.
6. Supplemental questions: Yes, the court can determine that a judgment is too small and can order an "additur," which is the opposite of a remittitur. In such a situation, the court will order a new trial unless the defendant agrees to accept the "additur," which is an increase to the amount awarded in the judgment. If Ms. Conti opts for a new trial on the issue of damages, a jury will be empaneled to hear the issue of damages only. I do not have the time to research whether the jury could revise the award upwards if a new trial is held but I am unaware of any legal reason as to why they couldn't.
I'll take you up on the beer offer when you visit Southern California.
Peace through power tools!