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Punitive Damages

When a Corporation Is 'Too Big to Care' About Breaking the Law

Joanne Doroshow | Posted 09.16.2015 | Business
Joanne Doroshow

Given the rash of corporate abuse in this country, limiting punitive damages seems like the worst possible idea at the worst possible time. Yet over the last few decades, U.S. Supreme Court decisions and state lawmakers have severely weakened punitive damages.

Why Punitive Damages Against BP Wouldn't Be Punitive at All

Eric K. Clemons | Posted 05.25.2011 | Green
Eric K. Clemons

If the established punitive costs of spills like this were $5 billion, it is quite likely that the rational executives at BP would have chosen a course of action that would have avoided the spill that threatens much of the gulf today.

Shriram Harid

'Tort Reform' Means Less Accountability For The Medical Profession | Shriram Harid | Posted 05.25.2011 | Business

President Obama is widely expected to toss Republicans a bone at Thursday's health care summit, by publicly embracing what's known as "tort reform." ...

Do Corporate Fines and Punitive Damage Awards Serve Their Purpose?

Judge H. Lee Sarokin | Posted 05.25.2011 | Business
Judge H. Lee Sarokin

Pfizer agreed to pay $2.3 billion to settle fraud claims regarding its marketing practices -- the largest criminal fine of any kind ever. But it's the shareholders, and not the corporate officers, who will be punished.