Punitive Damages Reform: HB 2008 / SB 1522 (2011); Amended Tenn. Code Ann. § 29-39-104.
Limits punitive damages to two times compensatory damages or $500,000,
Limits punitive damages to two times compensatory damages or $500,000, whichever is greater. The limits on punitive damages do not apply if the defendant acted with intent to harm, falsified records or acted under the influence of drugs or alcohol.
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
Together, let’s forge a legal landscape that makes equitable access to justice a living reality for all Georgians.
This is an opportunity to reassess the practices and regulations surrounding private-attorney contracting and to enact reforms that promote fairness, transparency and value for taxpayer dollars.
Allowing the company to continue the bankruptcy process will help ensure equitable and efficient resolution in complex mass tort claims