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 that you can receive if you win a product liability lawsuit in Oklahoma. According to Oklahoma state law, a plaintiff can generally recover compensatory damages only, and there is no statutory cap on the amount of damages a plaintiff can receive. However, a court may limit the amount of damages awarded to a plaintiff if it finds that the amount is excessive in comparison to the severity of the injuries or damages suffered. In addition to compensatory damages, punitive damages may also be awarded in a product liability lawsuit, but these are typically only given in cases of extreme negligence or intentional misconduct. Punitive damages are meant to punish the liable party, and in most cases, the total amount of punitive damages cannot exceed the amount of compensatory damages. Finally, it is important to be aware that product liability lawsuits are often complex, and an experienced lawyer can provide you with the best advice about the type and amount of damages that you can seek. Your lawyer will also be able to advise you about the statute of limitations that may be applicable to your case.

Related FAQs

What is a “statute of repose” defense to a product liability claim?
What kinds of injuries can occur due to a defective product?
What are the components of a product liability warning label?
What is a “lack of causation” defense to a product liability claim?
What is a “failure to warn” defense to a product liability claim?
What is the difference between a manufacturer’s defect and a design defect?
What is a class-action lawsuit?
What is a “contributory negligence” defense to a product liability claim?
What legal remedies are available in a product liability case?
What is a comparative negligence defense?

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

Related FAQs

Related Blog Posts