Are there any other types of damages available in an asbestos-related lawsuit?
Yes, there are other types of damages available in an asbestos-related lawsuit in New York. These damages are typically divided into two categories, compensatory damages and punitive damages. Compensatory damages refer to damages that are intended to compensate the injured party for the harm that was done. This includes medical expenses, lost wages, pain and suffering, and other costs associated with the injury. Compensatory damages are designed to make the injured person whole, by providing them with the resources they need to recover from their injuries. Punitive damages are damages that are awarded to punish the wrongdoer and deter them from committing similar acts in the future. These damages are much higher than compensatory damages, and are intended to put the at-fault party on notice that certain behaviors are not acceptable. Punitive damages are generally only granted in cases where the defendant is especially egregious or reckless in their actions. In New York, asbestos-related lawsuits often seek both compensatory and punitive damages. Both types of damages can provide the victim with the resources that they need in order to recover from their injury. The ultimate goal of any asbestos-related lawsuit is to hold the responsible party accountable for their actions and seek justice for the victim.
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