The verdict having recently been handed down in the defamation case against him, Rudy Giuliani is good and well screwed. Despite his wide-eyed bluster and his vow of redemption on appeal, the fact ...
Punitive or exemplary damages are awarded when conduct is so bad that a jury believes that the person or company committing that conduct should be punished as an example to others. Before a plaintiff ...
A: Punitive damages are often referred to as exemplary damages. They are “to set an example,” to serve as a deterrent, to punish the wrongdoer who engages in behavior that is so offensive to the ...
Q: We loaned money to a group who promised good returns. It now turns out the financials were grossly exaggerated. We never got money back, and there are major questions about the bookkeeping. Can we ...
Companies entering the federal market for the first time are often concerned about potential liability for consequential or punitive damages in connection with breach of a federal contract. These ...
The Connecticut Supreme Court will be asked to determine whether punitive damages are available for McCarter & English after a federal jury concluded that the firm's former client was willful and ...
A magistrate judge is allowing owners at the Ritz-Carlton Aspen Highlands to seek punitive damages in addition to monetary awards for claims that their fractional ownerships tanked in value because of ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...
State and federal trial courts have split on whether punitive damages are available for contract claims outside of the insurance context, according to a recent ruling from U.S. District Judge Michael ...