New York City's bar association has decided that it is unethical for lawyers to enter into agreements with companies that finance lawsuits in exchange for a percentage of the recovery.
U.S. Chamber Institute for Legal Reform (ILR) News
WASHINGTON (Legal Newsline) – Since last year’s U.S. Supreme Court ruling that dealt a blow to forum-shopping personal injury attorneys, companies threatened with sprawling, 50-state litigation have not been forced into defending cases all over the country.
California Assembly takes on lawyer ads, unanimously passes bill that would punish misleading claims
SACRAMENTO - California's lawmakers have passed a bill aimed at combating what supporters claim is misleading advertising by plaintiffs attorneys.
SEATTLE (Legal Newsline) - Self-driving cars, machines that teach themselves how to operate and home digital assistants that can enter into legally binding contracts are all either on the market now or soon will be. So the next question is: Whom do you sue when they run amok?
JACKSON, Miss. (Legal Newsline) – As the Mississippi Supreme Court decides whether to allow class action lawsuits in state courts, a legal reform group has filed its opposition.
WASHINGTON (Legal Newsline) - A new paper says lawyer advertising is scaring patients into not taking their medications, leading to dozens of serious incidents – including six deaths from individuals who stopped using their blood-thinner.
South Dakota has the best legal climate in the United States, according to the results of a national survey released this week.
WASHINGTON (Legal Newsline) - Democrats, Republicans and Independents don't agree much on which direction the country should go in these days, but one thing they have in common is support for a single national standard for data breach notification.
New to the U.S., litigation funding company commits more than $1.5 million to class action against Chevron
According to a copy of the litigation funding agreement, Therium Litigation Funding IC currently has $1.7 million invested in the class action lawsuit against the oil giant. Judge Susan Illston of the U.S. District Court for the Northern District of California granted Chevron Corp.’s motion in August, requiring the agreement be released.
The Consumer Financial Protection Bureau’s release of its set of proposed rules coincided with a field hearing held in New Mexico Thursday. Under the bureau’s proposal, companies would still be able to include arbitration clauses in their contracts. However, for contracts subject to the proposal, the clauses would have to say explicitly that they cannot be used to stop consumers from being part of a class action in court.
Some federal lawmakers argue the bill is needed to keep the Department of Justice from directing millions, even billions, of dollars to certain groups. They contend only Congress has the power to make such decisions.
The Fraudulent Joinder Prevention Act, or H.R. 3624, shifts the burden from the defendant to the plaintiff and allows federal judges more discretion to remove those “innocent” local defendants.