| law |
punitive damages (Adam Johnson, a litigation partner at City firm Herbert Smith, says the US has long been considered a favourable forum for claimants, particularly in personal injury (PI) cases. Contingency fees, jury trials for all civil cases and the chance to win substantial punitive damages – often awarded as multiples of any compensatory damages – are just some of the advantages. LE Alexander Demidov); exemplary damages (Additional compensation awarded by a court amounting to more than the actual losses sustained by a party and intended as a penalty to reflect the court’s particular disapproval of the Defendant’s conduct. (Usually only awarded in US courts, where some exemplary damages awards have amounted to hundreds of millions of dollars.) LEG Alexander Demidov); punitory damages; vindictive damages; penal damages; presumptive damages |
