Summary:
This article explores what kind of damages pet owners can recover from bringing a lawsuit. While traditional damages are based on economic concepts such as fair market value and consequential damages, the article also explores the recent trend for courts to recognize non-economic damages such as intrinsic value, mental anguish and suffering, and loss of companionship. Unfortunately, however, although a few courts have been leaders in validating these new concepts, the vast majority still do not recognize them.
This article explores what kind of damages pet owners can recover from bringing a lawsuit. While traditional damages are based on economic concepts such as fair market value and consequential damages, the article also explores the recent trend for courts to recognize non-economic damages such as intrinsic value, mental anguish and suffering, and loss of companionship. Unfortunately, however, although a few courts have been leaders in validating these new concepts, the vast majority still do not recognize them.