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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: tonyt who wrote (13703)	1/24/1998 10:28:00 PM
From: Russian Bear	Respond to of 32384

Tony, Re: "loser pays," punitive awards and "...kill all the lawyers..." I couldn't agree with you more. Well, maybe not all the lawyers... ;-) RB

To: tonyt who wrote (13703)	1/25/1998 12:34:00 AM
From: Vector1	Read Replies (1) \| Respond to of 32384

<<"Loser Pays" would prevent nuisance suits.>> I agree. This is the system in many European countries and it seems to work. I disagree on the gov getting the punitive damages. They already take almost half as punis are fully taxable. If all the money went to the gov no one would seek punis and in some cases they are justified. I believe however the courts including the appeals court in review should have broad powers to keep them in line. There is an emerging case law supportive of judges discretion to reduce jury punitive damage awards. V1