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Tuesday, August 7, 2012

Missouri high court blocks cap on tort damages

In Watts v. Cox Medical Centers the Missouri Supreme Court has stricken the statutory cap on non-economic damages in tort cases.  The statutes limited pain and suffering damages to $350,000 and compelled periodic payments over a fifty year schedule at interest of .026%.  The cap violates the state constitutional right to trial by jury which preserves the common law, the court held.
h/t Torts Prof Blog
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