Last year we reported on a movement towards permitting punitive damages in South Korea. That movement appears to be gaining steam, with KBS World Radio reporting that a committee within the South Korean national assembly has approved a bill that would authorize punitive damages against corporations in product liability cases. The proposal would limit punitive damages to no more than three times the amount of compensatory damages.
February 27, 2017
South Korea moves towards permitting limited punitive damages in products liability cases
Posted by
Curt Cutting
at
4:26 PM
Labels: Foreign Courts