A party may recover compensatory damages for any actual loss that the party can prove with reasonable certainty.
Nevada Instruction to Jury Regarding Compensatory Damages for Conversion
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FAQ
Nevada Pattern Jury Instruction 10.09 tells a jury how to award damages in a case of diminished value. The court instructs the jury that if repairs don't fully restore the value of the damaged property, the jury should award the victim the difference between fair market value and the value post repair.
Under NRS 42.005, punitive damage awards in Nevada have a cap of: $300,000 if the amount of compensatory damages awarded to you is less than $100,000, or. Three times the amount of compensatory damages awarded to you if the amount of compensatory damages is $100,000 or more.
Punitive damages are legal recompense that a defendant found guilty of committing a wrong or offense is ordered to pay on top of compensatory damages. They are awarded by a court of law not to compensate injured plaintiffs but to punish defendants whose conduct is considered grossly negligent or intentional.
Special damages are only those damages which a plaintiff alleges and proves that the plaintiff has suffered in respect to the plaintiff s property, business, trade, profession or occupation, including such amounts of money as the plaintiff alleges and proves that the plaintiff has expended as a result of the alleged ...
In a Nevada personal injury lawsuit, compensatory damages is money that the defendants must pay you to cover your past and anticipated losses related to your injuries.
The elements of conversion are: The plaintiff's ownership or right to possession of the property. The defendant's conversion by a wrongful act inconsistent with the property rights of the plaintiff. Damages.
Nevada Revised Statute §42.005 states that a plaintiff must prove by clear and convincing evidence that a defendant is guilty of ?oppression, fraud, or malice? to recover exemplary damages and punitive damages.
