In order to assure that a punitive damages award fulfills the purpose of deterrence and retribution, due process considerations for assessing the constitutional validity of a punitive damages award must include consideration of the defendant’s wealth.
Strawn, Mark vs. Farmers Insurance Company of Oregon, Mid-Century Insurance Company and Truck Insurance Exchange
Year
2008
Court
Supreme Court of Oregon
Case Number
Issue
- Punitive Damages
State
- Oregon