January 7, 2010

Schwarzenegger Proposes Cap on Punitive Damages

Governor Schwarzenegger has issued a press release listing his proposals for getting California's economy back on track. One of those proposals is a cap on punitive damages. The press release doesn't explain exactly where the cap would be set, but it hardly matters. As I mentioned in my previous post, the California Legislature shot down a proposed cap last year and they're not likely to change course in the near future. The consumer attorneys won't let that happen.