Are there limits to the amount of damages that I can receive if I win a product liability lawsuit?

Yes, there are limits to the amount of damages someone can receive in the event of a successful product liability lawsuit in Maryland. Under Maryland law, there is a cap of $500,000 for punitive damages and $1.5 million for non-economic damages arising out of a product liability lawsuit. The cap on punitive damages may be increased if the manufacturer was acting with “willful or wanton negligence” in the distribution or sale of the product. In addition, Maryland law also places limits on the amount of attorney’s fees that can be awarded in a products liability lawsuit. Under Maryland’s Bad Faith Statute, if an individual recovers less than $500,000 in a product liability award, the court may award reasonable attorney’s fees up to 33% of the award. If the award is more than $500,000, the court may award reasonable attorney’s fees up to 25% of the award. These limits on the amount of damages and attorney’s fees that an individual may receive in a product liability lawsuit can help ensure that a jury’s award is fair and reasonable. It also helps to protect innocent manufacturers from being held liable for excessive damages or fees. In any case, someone who believes that they have suffered damages or losses due to a defective or dangerous product should consult a qualified attorney to understand their rights and potential remedies.

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