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Limit on the Amount of Punitive Damages:

January 19, 2015   |  
With North Carolina General Statute 1D-25, our legislature set a limit on the amount of damages that a judge or jury can allow for punitive damages. By statute, punitive damages SHALL NOT exceed three (3) times the amount given for compensatory damages (the amount given for the injury itself) or...
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Limits on Punitive Damages

January 19, 2015   |  
Chapter 1D of the North Carolina General Statutes places some restrictions and limits on punitive damage claims in North Carolina. North Carolina General Statue 1D-15 reads as follows: Punitive damages may be awarded only if the claimant proves that the defendant is liable for compensatory damages and that one of...
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