Elizabeth Malloy, University of Cincinnati College of Law:"Early Thursday morning, the Ohio General Assembly passed tort reform legislation that will place caps on pain-and-suffering damages and punitive awards. Governor Bob Taft commended the passage of the bill and will sign...
Search Results for: damages
Ohio General Assembly passes bill capping non-economic damages
The Ohio General Assembly passed a bill Thursday that caps damages and limits certain types of lawsuits that can be filed. Senate Bill 80 will limit pain-and suffering damages, certain asbestos liability and impose a ten-year statute of limitations...
A jury has awarded the parents of 17-year old David Boim $52 million in damages in one of the first jury awards against US-based charities accused of supporting terrorism. Boim was killed by gunmen in Israel's West Bank in...
Kansas v. Colorado, United States Supreme Court, December 7, 2004, majority opinion by Justice Breyer . Read the...
The US Supreme Court ruled Tuesday that Kansas is not entitled to seek further damages from Colorado for diverting water from the Arkansas River into Colorado farm lands. The Court had ruled in 2001 that Colorado was liable for...
Environmental brief ~ FWS to create additional Manatee refuge in Florida
In Monday's environmental law news, the Fish and Wildlife Service (FWS) seeks comments on a proposed rule that would establish the Pine Island-Estero Bay Manatee Refuge in Lee County, Florida. The manatee is a protected species under both the...
CA Supreme Court rules defendants should pay lawyers' fees in public benefit cases
A divided California Supreme Court has ruled that lawyers participating in cases that benefit the public, including those representing advocacy groups, should have their legal fees paid by defendants. In two 4-3 decisions, the court ruled Thursday that lawyers...
Bank of America announced Thursday that it has asked the US District Court for the Western District of North Carolina to dismiss a lawsuit filed against it by insolvent Italian dairy company Parmalat. Enrico Bondi, who was appointed by...
Ruling to maintain cap on recoveries for finance charge violations [US SC]
Koons Buick Pontiac GMC, Inc. v. Nigh, Supreme Court of the United States, November 30, 2004 [ruling that the damages cap of $1,000 on recoveries under the Truth in Lending Act (TILA) remained unchanged when Congress changed other TILA terms...
Corporations & securities brief ~ AIG settles with SEC, DOJ
In Tuesday's corporations and securities law news, the SEC announced American International Group Inc. (AIG), the world's largest insurance company, has agreed to pay $126 million to settle charges it helped companies fraudulently inflate earnings. AIG will pay a...