WebPunitive damages are also called exemplary damages. They are awarded both to deter the defendant and others from conduct similar to the conduct that gave rise to the lawsuit, … http://jec.unm.edu/education/online-training/contract-law-tutorial/remedies-for-breach-of-contract
When Are Punitive Damages Awarded? - LegalMatch Law …
WebA jury found for the plaintiff and awarded the estate $821,000 in compensatory damages and $79.5 million in punitive damages. Finding that the punitive damages award was excessive, the trial judge reduced it to $32 million. This reduced the punitive damages to compensatory damages ratio from 96-to-1 to 38-to-1. WebPunitive Damages. Punitive damages are a form of non-compensatory damages in a personal injury case. The purpose of punitive damages is to “punish” defendants for their conduct. Even though this is the purpose, the injured victim still receives compensation from punitive damages. Not many personal injury cases justify an award of punitive ... can i work if collecting social security
Punitive damages - WTW - Willis Towers Watson
WebPunitive Damages Definition and Meaning - If compensatory damages are regarded as an insufficient remedy, punitive damages are frequently granted. The court may impose them in order to protect plaintiffs from receiving insufficient compensation, to provide redress for hidden torts, and to reduce the burden on the criminal justice system. Pu WebNov 8, 2001 · Nov. 8, 2001. The jury that awarded $5 billion in punitive damages punished Exxon Mobil Corp. too severely for causing the nation's worst oil spill when its tanker, the Exxon Valdez, ran aground ... WebApr 14, 2024 · Unlike economic and non-economic damages, punitive damages do not seek to compensate an injury victim for any specific damage or loss. Instead, punitive … five towns neurology