The punitive thunderbolt; how much should courts curb extraordinary awards?
Article Abstract:
Tort reformers and trial attorneys disagree on the purported large increase in punitive damages awards and on the constitutionality of these remedies. The Feb 1992 $105.2 million verdict against General Motors Corp, most of which was punitive damages and the appeal of a $10 million punitive damages award in TXO Production v Alliance Resources to the US Supreme Court are two recent entries in the controversy. Both sides marshal argument to support their positions, with trial attorneys pointing out that large awards of punitives are rare and that most are overturned or vastly reduced on appeal.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1993
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Schemes revealed; former ABF finance chief sentenced
Article Abstract:
Benjamin F. Jones, former financial head of the American Bar Foundation (ABF), has been sentenced for tax evasion and mail fraud for embezzling ABF money for personal use. Jones' motive is unclear but was probably related to the pressures of college tuitions and keeping up a suburban standard of living.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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