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In Australia, punitive damages are not available for breach of contract, [5] but are possible for tort cases.. The law is less settled regarding equitable wrongs. In Harris v Digital Pulse Pty Ltd, [6] the defendant employees knowingly breached contractual and fiduciary duties to their employer by diverting business to themselves and misusing its confidential information.
In United States law, treble damages is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to a prevailing plaintiff. Treble damages are usually a multiple of, rather than an addition to, actual damages, but on occasion they are additive, as in California Civil Code § 1719.
Damages in the UK are the only [4] remedy available for breach of a warranty. [citation needed] Those damages can come in different forms such as an award of monetary damages, liquidation damages, specific performances, rescission, and restitution. [5] Damages are classified as being compensatory or punitive.
Uniqueness of the Property: The subject of the contract, especially in real estate transactions, must be unique to such an extent that monetary damages would not be a sufficient remedy. Irreparable Harm: The aggrieved party would suffer irreparable harm if specific performance were not granted, such as in cases where real property’s unique ...
Katko v. Briney, 183 N.W.2d 657 (Iowa 1971), is a court case decided by the Iowa Supreme Court, in which homeowners Edward and Bertha Briney were held liable for battery for injuries caused to trespasser Marvin Katko, who set off a spring gun set as a mantrap in an uninhabited house on their property. [1]
At trial in 1999, the jury found for Williams and awarded her $821,485.50 in compensatory damages and $79.5 million in punitive damages. [1] At that time, the verdict was the largest against a tobacco company. [1] The trial court found that the compensatory damages exceeded the state cap and the punitive damages were "grossly excessive".
The law responds to each of them by imposing an obligation to pay compensatory damages. Restitution for wrongs is the subject which deals with the issue of when exactly the law also responds by imposing an obligation to make restitution. Example. In Attorney General v Blake, [25] an English court found itself faced with the following claim. The ...
Damages based on market value, lost dividends and accrual or loss of value, considering lost chance to sell stock at a profit. [182] Property severed from real estate. Damages measured based on market value and interest. [183] Property of no market value or held for personal use. Items such as personal mementos, writings, personal diaries ...