Compensatory damage ordered by a court of law during a civil trial: Plaintiff receives from the defendant payment for actual monetary damages or replace what was lost. The defendant is liable to pay compensatory damages for actual losses or damage incurred by the plaintiff. Compensatory damage is equivalent to restitution to a crime victim. The ...
When you receive a court award or settlement payment the amount you receive may be taxable depending on the reason for the award or settlement. According to the IRS, compensatory damages you receive for personal physical injury or personal sickness are not taxable, whether you receive them in a lump sum or in installments. To ...
Wrongful Death – Any death of a human being resulting from negligence or misconduct from another person, company or entity. Wrongful death lawsuits are sometimes the most difficult to pursue because family members are concerned about profiting from a loved one’s death. Essentially, wrongful death can be concluded when a person is indirectly responsible for ...
If you have become the victim of injury, or had property damaged by another individual, you may be considering suit for recovery of your damages. When filing a claim for damages with an insurance company, or filing suit for damages, your claim will need to outline the degree of care the at-fault individuals failed to ...
FX has ordered thirteen episodes of yet another, original drama, called Damages. The story seems a little used up by this point: A legal thriller set in the world of New York City, high-stakes litigation, FX’s Damages follows the turbulent lives of Patty Hewes, played by Glenn Close, the nation’s most revered and reviled high-stakes ...
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