Exxon Shipping v. Baker
5-4
00:00
The Unpredictability of Punitive Damages
Punitive damages are unpredictable and can vary from one lawsuit to the next. Suter says it's important that like bad actors know the stakes so they can properly weigh the consequences of their actions. The primary purpose of having these sorts of damage awards is to deter big companies, especially from engaging in this sort of activity. It forces companies to invest in safety and public safety and public health.
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