A bill to amend title 46, United States Code, to remove the cap on punitive damages established by the Supreme Court in Exxon Shipping Company v. Baker.
Maritime Liability Fairness Act - Declares that, in any civil action for damages arising out of a maritime tort case, punitive damages may be assessed without regard to the amount of compensatory damages assessed in the action. (Thus, removes the cap ratio of 1:1 on punitive-to-compensatory damages established in the Exxon Shipping Co. v Baker case for the award of punitive damages.)
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
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