Willy Leimgruber and Hope H. Leimgruber, His Wife, Plaintiffs-Appellants v. Claridge Associates, Ltd…

Summary

The Supreme Court of New Jersey reversed the Appellate Division's reduction of punitive damages and reinstated the trial court's $16,500 award, holding that the award was not manifestly excessive and that New Jersey does not require a fixed ratio between punitive and compensatory damages.