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Article: Bringing corporations to justice. (Commentary).(limits on punitive damages)(Column)
- Article from:
- Arkansas Business
- Article date:
- February 24, 2003
- Author:
CopyrightCOPYRIGHT 2003 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SINCE THE ARKANSAS Business editorial page has already stipulated that House Bill 1038, also referred to as "tort reform," will not lower doctors' medical malpractice premiums, won't attract a single additional job to Arkansas and does not freshen breath or whiten teeth, there's no need to debate those points.
I do feel, however, that the predication that limits on punitive damages would make our legal system fairer has not been thought all the way through. Limits on punitive damages will only serve to tilt the legal and economic playing fields further toward huge, multinational corporations.
Punitive damages represent the only means that American ...