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Compensatory Damages Car Dealerships

Mayer Brown

Eighth Circuit Okays 25:1 Ratio In Fraud Case

Mayer Brown on

Ordinarily, a ratio of 25:1 would ring the death knell for a punitive damages award. But just as a 1:1 ratio is not always a safe harbor, a double-digit ratio is not always indicative of a punitive award that exceeds...more

Butler Snow LLP

Tennessee Business Court Awards Big Bucks against Violator of Tennessee Consumer Protection Act

Butler Snow LLP on

On May 23, 2017, in Nissan North America, Inc. v. Tustin Import Auto Sales, LLC, et al., No. 16-117-BC, the Tennessee Business Court found that the only remaining defendant, Raymond Enriquez, had defrauded the plaintiff and...more

Mayer Brown

Texas Court Of Appeals Reduces $115 Million Punitive Award To A Mere Shadow Of Itself

Mayer Brown on

Courts applying BMW and State Farm often emphasize the Supreme Court’s admonition that the constitutional line is not “marked by a simple mathematical formula”—typically when rejecting a defendant’s argument that the ratio of...more

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