Statutory Caps
Wednesday, August 20th, 2014
Tennessee is one of several states that has adopted legislation capping damages on tort suits. Under the Civil Justice Act of 2011, noneconomic damages are capped at $750,000 and punitive damages at either $500,000 or twice the amount of compensatory damages, whichever is greater. There are some limited exceptions to these caps. Across the nation, […]
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