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Exact(19)
The compensatory award was about $90 million.
The compensatory award is presently capped at £68,400.
In the end, the new decision upheld a compensatory award to Mr. Hithon of about $365,000.
Justice Souter relied instead on studies showing that in hundreds of cases, the median punitive damage award was about 65percentt of the compensatory award.
Florida does both: in most cases it limits punitive damages to $500,000 or three times the compensatory award, whichever is greater.
Before it was reduced on appeal, the compensatory award was $7.1 million, producing an unremarkable ratio of punitive to compensatory damages.
Similar(32)
B3 BUSINESS DAY C1-15 Product Liability Awards Rise Jury compensatory awards to consumers for defective products are rising sharply -- with the average exceeding $1.8 million -- though far fewer cases are being brought.
Few people seriously question the role of juries in setting compensatory awards, which aim to repay plaintiffs for their losses.
The study said the authors found "no judge-jury difference in the relation between punitive and compensatory awards".
In discussing Ford Motor Company's attack on a jury's $290 million punitive damage award, you say, "Few people seriously question the role of juries in setting compensatory awards".
Ms. Ciraolo, a Greenwich Village resident who works as an interpreter for the deaf, won the punitive and compensatory awards in May 1999 in Federal District Court in Manhattan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com