This article in the New York Times explains how laws that limit personal injury damages have protected manufacturers of defective products. The parents of an 18 year old who was killed in a car crash when the G.M. car’s airbags did not open were shocked to learn that Wisconsin law limited their recovery for their daughter’s wrongful death to $350,000. Two teenagers were killed in the crash and neither family could find a lawyer who would take the case against G.M. because the costs alone would have exceeded the total recovery allowed by Wisconsin law.
The article explains how “damages caps” and other laws that limit tort recoveries have had (more…)