The California Supreme Court on Thursday gave businesses a new incentive to be honest by ruling that they could be hit with punitive damages for fraudulently breaching contracts.
The 6-1 decision affirms $6 million in punitive damages that Los Angeles jurors awarded Torrance-based Robinson Helicopter Co. for faulty safety clutches built by the Dana Corp. of Toledo, Ohio.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]