3 ms·
My concern isn't punitive damages in the abstract, its the 1m:1 ratio of punitive damages to actual damages. From that same Wikipedia article: > In response t
by lolinder 3y ago
My concern isn't punitive damages in the abstract, its the 1m:1 ratio of punitive damages to actual damages.
From that same Wikipedia article:
> In response to judges and juries which award high punitive damages verdicts, the Supreme Court of the United States has made several decisions which limit awards of punitive damages through the due process of law clauses of the Fifth and Fourteenth Amendments to the United States Constitution. In a number of cases, the Court has indicated that a 4:1 ratio between punitive and compensatory damages is high enough to lead to a finding of constitutional impropriety and that any ratio of 10:1 or higher is almost certainly unconstitutional.
There was an exception made for a 526:1 ratio because the case was especially egregious, but this ratio is 1901 times larger than the one in that Supreme Court case.
- mcmcmc 3y agoOh wow. That's very important context. The current SCOTUS would love to get their hands on a case that lets them give their friends more protection.