Quote:
Originally posted by Mmmm, Burger (C.J.)
What Atticus said. But my recollection of NY law, from one complaint I drafted, is that you cannot collect damages greater than the amount alleged. So you'd better make sure your claims is greater than any possible amount you could actually prove.
Struck me as a pretty stupid rule, but, in went the claim for $500m in a contract case.
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Stupid, but the rule in other places too. I guess it is intended to give the defendant some comfort that they won't get a judgment over X amount, and it has the added bonus that then people can campaign for tort reform citing ridiculous-but-true-but-kinda-meaningless ginormous sums of money people ask for in situations that don't sound so bad.