Punitive Damages facts
While investigating facts about Punitive Damages Definition and Punitive Damages Meaning, I found out little known, but curios details like:
State Farm paid $145million in punitive damages for having a “Jew list” to discriminate against claimants.
how punitive damages are calculated?
Exxon's punitive damages for the Exxon Valdex oil spill were reduced from $5 billion to $507.5 million
What's punitive damages?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what punitive damages definition. Here are 6 of the best facts about Punitive Damages Example and Punitive Damages California I managed to collect.
what punitive damages mean?
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In 1994, Stella Liebeck sued McDonald's after spilling hot coffee in her lap, leaving her with third degree burns. Liebeck initially sued for $20,000 to cover her medical and living expenses, but the jury ultimately awarded her $160,000 plus an extra $640,000 for punitive damages.
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The 1997 Amtrak Reform and Accountability Act sets a $200 million maximum limit for the “allowable awards to all rail passengers, against all defendants, for all claims, including claims for punitive damages, arising from a single accident."
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Some states have food libel laws that put the burden of proof on the accused and allow for punitive damages regardless of the case's outcome.
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Punitive damages can't be disproportionate to actual damages.
