Liquidating damages law north carolina
Punitive damages are awarded as punishment for the misconduct of the defendant.
While it is common for a plaintiff to be awarded money to pay for a wrong committed by the defendant, such as money to pay medical bills, or for property damage, punitive damages are awarded only for the purpose of punishing the defendant for his conduct.For instance, if a plaintiff is awarded ,000 in compensatory damages, the court would not typically award him more than 0,000 in punitive damages, unless special circumstances existed.There are many types of damages awarded in order to compensate people in either civil or criminal court cases.While the exact limits vary from state to state, each court can only award an amount that is considered relatively proportionate and reasonable.
In general, the amount of punitive damages cannot exceed four times the amount of compensatory damages that are awarded to a plaintiff.
The court takes several things into consideration when deciding whether or not to award punitive damages.