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California High Court Agrees to Set Bounds on Punitives
The California Supreme Court on Wednesday agreed to decide the boundaries for punitive damage awards under state law. The court granted review in two cases in which state appeal courts, interpreting a landmark 2003 U.S. Supreme Court opinion on punitives, ended up with drastically different results -- so different that the state Judicial Council has backed off updating its instructions to civil juries until the California high court rules.The Proformance Insurance Co. v. Jones et al.
The insured's grant of permission to the first user of an automobile requires the insurer to provide coverage for claims asserted against a subsequent user, absent theft or the like, and coverage applies even if the vehicle is used in violation of a business pursuits exclusion in the insurance policy and in disregard of the insured's direction not to let anyone else drive the vehicle; however, coverage is limited to the minimum limits required by statute.Delay Damages in P.I. Cases Are Taxable
Delay damages are taxable income under federal law even when they are awarded to a personal injury plaintiff because their function and purpose indicate that they are not paid ``on account of personal injury,'' a federal judge has ruled. In Francisco v. Internal Revenue Service, the judge rejected the argument that delay damages in Pa. are any different from the pre-judgment interest awarded in other states, which three federal appellate courts have found to be taxable.Cite as: Weiner v. City of New York, 822-08, NYLJ 1202492669950, at *1 (App. Div. 2nd, Decided April 26, 2011)Before: A. Gail Prudenti, P.J., Mark C. Dillon, Ru
Cite as: Caronia v. Philip Morris USA, Inc., 06-CV-224 (CBA) (SMG), NYLJ 1202478457182, at *1 (EDNY, Decided January 12, 2011)District Judge Carol Bagley Amon/
Gold tops $1,910 for first time
Gold advanced to an all-time high above $1,910 as investors sought to protect their wealth against financial turmoil amid speculation that the global economy is slowing. Platinum gained to the highest in more than three years.Jury Delivers $3.8 Million Verdict Against UPS
Gary Birkhamshaw, Administrator of the Estate of George M. Upton Jr., and Julie Upton v. Joseph Socha & United Parcel Service Inc.: The family of a man who was killed after his pickup was struck by a UPS tractor-trailer has been awarded nearly $4 million by a New London jury.State AI Legislation Is on the Move in 2024
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