Strategies, Challenges, and Answers

Halfway Tort Reform

Nevada’s scheme for punitive damages was the target of tort reform proponents in 1995.  The reformers were able to make some headway relative to limiting punitive damages.  However, N.R.S. 42.005 creates huge exceptions to these limits in many areas that have proved so lucrative to the Plaintiffs’ bar.Under the revisions to the punitive damages law, conventional punitive damages awards are limited to three times the amount of the compensatory damages where compensatory damages exceed … [Read more...]