SC Sen. Calls For Limits On Punitive Damages

Law360, New York (January 30, 2009, 12:00 AM EST) -- Seeking to impose broader tort restrictions, a South Carolina legislator has proposed a bill to limit punitive damage awards for all personal injury cases, as well as reverse two recent state Supreme Court decisions making it easier for plaintiffs to pursue product liability cases or cases against corporate directors and officers.

On Thursday, state Sen. Larry Martin, R-Pickens, introduced the South Carolina Civil Fairness in Civil Justice Act of 2009, which would extend previously enacted punitive damage caps for medical malpractice suits to all personal injury...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.