Impose Maximum Award Limits To Lawsuits

This petition was published by Henry Hart on Nov 22, 2009

We, the undersigned, Petition the United States Congress to enact legislation providing for a maximum lawsuit award amount equal to 10 (ten) times the average individual yearly income of the American citizen. In other words, if the average individual income is $65,000, then the maximum award amount would be $650,000.

Lawsuit may include an additional award of an amount equal to the total documented expenses and bills that are associated to the case at hand. Class action lawsuits should be limited to a maximum amount of 25% of a company's or individual's documented net worth and any individuals share of said class action lawsuit should be limited to the maximum amount guidelines for an individual lawsuit.

We further Petition that attorneys fees be limited to a maximum of 10% of the awarded amount and must be paid from the award amount.

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