Search results
Results from the WOW.Com Content Network
Punitive damages are taxable: Some judgments and settlements include an award for punitive damages against the defendant. These damages can provide a substantial payout to the plaintiff ...
State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage award is "close to the line of constitutional impropriety".
In Australia, punitive damages are not available for breach of contract, [5] but are possible for tort cases.. The law is less settled regarding equitable wrongs. In Harris v Digital Pulse Pty Ltd, [6] the defendant employees knowingly breached contractual and fiduciary duties to their employer by diverting business to themselves and misusing its confidential information.
Hence, the hearing in which cannot give any right amount of compensation award or settlement is not "meaningful", and the unavailability of the compensation will lead to an inadequate remedy. The adequate remedy at law is the legal remedies by meaning it is satisfactory compensation by way of monetary damages without granting equitable remedies.
A three-judge panel of the Richmond-based 4th U.S. Circuit Court of Appeals found a state law which caps the total dollar amount of punitive damages each person can receive to $350,000, court ...
Generally, punitive damages, which are also termed exemplary damages in the United Kingdom, are not awarded in order to compensate the plaintiff, but in order to reform or deter the defendant and similar persons from pursuing a course of action such as that which damaged the plaintiff.
The final amount covered Clean Water Act penalties and environmental damages from the initial explosion, which killed 11 workers and spilled 134 million gallons of oil that spread across 43,000 miles.
The amount of the settlement was not immediately disclosed. Prior to the settlement, Smartmatic had suffered a setback that included the judge ruling out their ability to seek punitive damages at ...