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Damage caps have various purposes; for instance, they can discourage malicious lawsuits and prevent the costs of transacting business from being overly inflated, but have also been criticized as unjust. [20] Many American jurisdictions with non-economic damage caps have defined non-economic damages by statute.
Pursuant to common law tradition, the courts of Colorado have developed a large body of case law through the decisions of the Colorado Supreme Court and the Colorado Court of Appeals. There is no official reporter. The Colorado Reporter (a Colorado-specific version of the Pacific Reporter) is an unofficial reporter for appellate decisions from ...
Liquidated damages, also referred to as liquidated and ascertained damages (LADs), [1] are damages whose amount the parties designate during the formation of a contract [2] for the injured party to collect as compensation upon a specific breach (e.g., late performance). [3] This is most applicable where the damages are intangible.
As a renter, it pays to know what's in your lease. 'If you don't like it, lump it': Colorado apartment residents are being forced to pay a $20 monthly fee for package delivery — even if they don ...
Understanding Colorado auto insurance laws may save you from ... if you cause an accident that results in $30,000 in property damage, and you only carry the mandated minimum of $15,000 in property ...
Property Rules, Liability Rules and Inalienability: One View of the Cathedral is an article in the scholarly legal literature (Harvard Law Review, Vol.85, p. 1089, April 1972), authored by Judge Guido Calabresi (of the United States Court of Appeals for the Second Circuit) and A. Douglas Melamed, currently a professor at Stanford Law School.
Inverse condemnation is a legal concept and cause of action used by property owners when a governmental entity takes an action which damages or decreases the value of private property without obtaining ownership of the property through the use of eminent domain. Thus, unlike the typical eminent domain case, the property owner is the plaintiff ...
Colorado was the first State to implement a gambling intercept payment system in 2008. Several other states have followed Colorado's lead and used our system as a model for their intercept programs.