1/10
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
Nominal damages
A small monetary award (often one dollar) given to plaintiffs to vindicate
Compensatory Damages
Intended to represent the closest possible financial equivalent of the loss or harm suffered by the plaintiff. Purpose is to make the plaintiff whole against, to restore the plaintiff to the position the plaintiff was in before the tort occurred
Collateral source rule
Courts must exclude evidence of payments received by an injured party from sources "collateral" to the wrongdoer such as private insurance or government benefits - ensure defendant pays full amount of damages
Excessive punitive damages
Gore Guideposts
Degree of reprehensibility of defendant’s conduct
Disparity between actual and potential harm suffered by plaintiff and punitive award
Difference between punitive award and civil penalties in comparable cases
Punitive damages
Additional sum, over and above the compensation of the plaintiff, awarded in order to punish the defendant and to deter defendant and others from engaging in similar tortious conduct in the future
Maximum recovery rule
If the jury award exceeds the maximum amount which they could have reasonably found, the judge may reduce the award
Total offset method
T (how much P would have worked) x M (how much P would have earned)
Overcomps P but simple calculation
Real interest method
Years of future earnings x RFR
Calculate PV factor
Multiply base income by PV factor to get PV
Avoidable consequences doctrine
Defense:
Plaintiff must act reasonably to mitigate damages - defendant not liable for exacerbated injuries
Structured settlement
Typically annuity purchased by defendant for plaintiff - capital gains and income NOT TAXED
Excessive compensatory damages
An award of damages is excessive if:
It falls outside the range of fair and reasonable compensation
Result from passion or prejudice
So large that it shocks the conscience