U.S. Chamber Institute for Legal Reform (Ilr)
Recent News About U.S. Chamber Institute for Legal Reform (Ilr)
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AGs file brief opposing rule giving CFPB more power to regulate
TYLER, Texas – Fourteen Attorneys General, including West Virginia’s Patrick Morrisey, have filed an amicus brief opposing a new rule implemented by the federal Consumer Finance Protection Bureau. -
Amended intermediate court bill passes W.Va. House, heads back to Senate
CHARLESTON – An amended bill that would create a new intermediate appellate court has passed the House of Delegates and now heads back to the state Senate. -
Democrat governors and voters favor coronavirus lawsuit protections, but what about Dems in Congress?
WASHINGTON (Legal Newsline) – Democratic leaders in states like North Carolina and New York have embraced the idea that giving companies a measure of protection from coronavirus lawsuits is in the best idea of their constituents, but it remains to be seen if the U.S. House of Representatives feels the same. -
Poll: Congress should safeguard businesses from coronavirus lawsuits
WASHINGTON (Legal Newsline) – Americans favor protections from coronavirus lawsuits for businesses, according to poll results released by a national legal reform group. -
Feds asked to help companies crippled by coronavirus by protecting lenders from lawsuits
WASHINGTON (Legal Newsline) – Protection from certain lawsuits will help lenders who want to be quick to help small businesses handle the economic impacts of the coronavirus, a national legal reform group is saying.As the Small Business Administration receives comments regarding an interim final rule, the U.S. -
Lindsey Graham says 'litigation abuse is real,' class action reform should be considered
WASHINGTON (Legal Newsline) – Lindsey Graham, the South Carolina Republican who chairs the Senate Judiciary Committee and receives backing from trial lawyers, said in a Tuesday hearing that lawsuit abuse “is real” and reform in the class action system should be explored. -
Report: Surging securities class actions over corporate M&A, 'adverse events,' a growing 'litigation racket'
Saying the trend carries substantial costs for investors and the entire economy, a new report is calling for reforms to tamp down on the growing surge in the number of so-called securities class action lawsuits filed against companies over mergers, acquisitions or stock price drops - a phenomenon the report author called a "litigation racket." -
How much do lawsuits cost you? $3,300 per household, $429B nationwide, study says
Across the U.S., Americans pay hefty costs for lawsuits, with the price tag stretching from the courthouses to the most basic levels of American life, adding thousands of dollars each year to Americans’ household budget costs, according to a new study of tort litigation costs. -
NYC Bar: Lawyers shouldn't split fees with litigation funders
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. -
No quit in trial bar after SCOTUS ruling, still filing lawsuits in favorite courts
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. -
Self-driving cars, thinking machines will test limits of tort law
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? -
Legal reform group: Allowing class actions in Mississippi a 'solution in search of a problem'
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. -
Ads that can kill: Lawyers scare patients out of taking medication, legal reform group says
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 nation's best legal climate, new survey says; Louisiana, Missouri at the bottom
South Dakota has the best legal climate in the United States, according to the results of a national survey released this week. -
Poll shows consumers against patchwork of state data breach laws
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. -
CFPB proposes prohibiting mandatory arbitration clauses
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. -
Legislation would prohibit DOJ settlement terms that require donations to third parties
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. -
U.S. House panel approves fraudulent joinder bill
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.