National Law Review reports that the Illinois legislature has passed a bill, House Bill 0219 , that would make punitive damages available in wrongful death actions. The articles states that under current Illinois law, punitive damages are available only to the victim and do not survive the victim’s death. Illinois Governor J.B. Pritzker has not yet signed the bill into law but is expected to do so.
California law does not permit punitive damages in wrongful death actions brought by the heirs of a decedent, but they are recoverable in a survival action on behalf of the decedent’s estate.
Financial Times reports on New York case in which a judge has awarded $50 million in compensatory damages and $50 million in punitive damages to billionaire hedge fund founder Louis Bacon. The defendant is Canadian fashion mogul Peter Nygard. Bacon claims Nygard defamed him in multiple ways—by falsely asserting that Bacon is a Ku Klux Klan member, that he was guilty of insider trading, that he was involved in the death of an employee, and that he was involved in arson.
The California Blog of Appeal – California Appeals Attorney Greg May on Practice and Developments in the State’s Appellate Court
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Home - Horvitz & Levy LLP
The California Blog of Appeal – California Appeals Attorney Greg May on Practice and Developments in the State’s Appellate Court