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exemplary damages |
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exemplary damages the result of a judgment in court proceedings in which the person against whom the judgment is made is required to pay more than the assessed loss and is required to pay an additional sum as a punishment or as an example. Such a decision is rare and made only in circumstances where the person has been wilfully or recklessly neglectful. |
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? Mentioned in | ? References in periodicals archive | |
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Punitive or exemplary damages are designed to punish. In a suit filed last month by Von Dutch in Los Angeles Superior Court, Von Dutch is demanding $3 million in compensatory damages, as well as punitive and exemplary damages. It also caps the damages for cases tried in federal court at $5 million and bans punitive and exemplary damages at the federal level. |
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exemplary damages
