Appeals Court Deals Blow to Punitive Damages
In a decision that does not bode well for plaintiffs, a federal appeals court has ruled that a 1-1 ratio of compensatory to punitive damages should apply in cases of substantial purely economic damages. The 3rd Circuit Court of Appeals ruling in Jurinko v. Medical Protective Co. slashes $6.25 million in punitive damages to $2 million. The holding is the most recent in support of limiting punitive damages since the Supreme Court’s decision in Exxon Shipping v. Baker.


