Punitive Damages Reform: HB 1741 (1995): Ind. Code Ann. § 34-51-3-4.
Limits the award of punitive damages to the greater of
Limits the award of punitive damages to the greater of three times the award of compensatory damages or $50,000. Requires 75% of punitive damage awards to be paid to the state fund.
This shift is not in the best interests of consumers, manufacturers, or the state as a whole
Michigan lawmakers must consider the unintended consequences of expanding liability
The Trial Lawyer Playbook report serves as a call to action, promoting transparency, accountability, and fairness in the legal system.
ATRA Reiterates Support for Chapter 11 Bankruptcy Use to Address Mass Tort Litigation, Urges Meaningful Dialogue Amid Senate Judiciary Committee Hearing
The lack of oversight and transparency around third-party litigation funding threatens the integrity of our legal system