Assembly member Emsworth of New Jersey has proposed the following bill to the Northeast Assembly...
Tort Reform
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Written by Emsworth
Section 4 by ColinW
§ I. Cap on Punitive Damages
No court shall award punitive damages exceeding $500,000 in any civil case.
§ II. Applicability
Section I shall not retroactively apply to any actions committed prior to this Act's passage.
§ III. Compensatory Damages
The provisions of this act shall not be construed to limit the award of compensatory damages.
§ IV. The loser of the said lawsuit is hereby required to pay the legal fees of the winning party up to a reasonable maximum.
A. A reasonable maximum shall be defined to be $750,000.
B. This reasonable maximum may be changed at any time by the Northeast Assembly.
Debate will last about a week, the same as in the past.