President Abraham Lincoln issued the Emancipation Proclamation on January 1, 1863, announcing, that all persons held as slaves within the rebellious areas are, and henceforward shall be free..
Definition of punitive damages. : damages awarded in excess of compensation to the plaintiff to punish a defendant for a serious wrong.
Although the power to award punitive damages is from procedural law, once awarded by the arbitrators, such award of punitive damages becomes. part of the merit of the final award, thus not subject to court re-evaluation. In international arbitration, misapplication of law is not a ground for non-. enforcement.