Sentences with phrase «market prejudgment»
(8th Cir., Filed Feb. 21, 2017): Arguing that above - market prejudgment interest should not be included in the denominator when calculating the ratio of punitive to compensatory damages.
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Above - market prejudgment interest overstates the actual harm suffered by the plaintiff and already serves a punitive function.
Not exact matches
If the Court concludes that some amount of prejudgment interest should be included in the denominator of the ratio, it should use a market rate for determining the amount and add the balance of the prejudgment interest - the effect of which is entirely punitive - to the numerator.