In the News Today - December 3, 2013

December 03, 2013 | News and Blog

A federal court ruled that the judge in the gulf oil spill settlement must address whether claimants actually suffered damages directly related to the spill. Read More »

Objectors Call for Trial Lawyers Sanctions

November 22, 2013 | News and Blog

Objectors to a $9.6 billion settlement say that plaintiffs' lawyers in the case should be sanctioned for improperly raising issues just days before oral arguments. Read More »

In the News Today - November 19, 2013

November 19, 2013 | News and Blog

A new report looks at plaintiffs who opt-out of securities class action settlements in order to pursue their own cases, which could take on added significance with the Supreme Court's decision to review the fraud on the market theory. Read More »

In the News Today - November 15, 2013

November 15, 2013 | News and Blog

The Supreme Court is scheduled to weigh whether to grant certiorari in a suit challenging the "fraud on the market" theory, one of the bedrocks of securities class action litigation. Read More »

Lawsuit Abuse Jeopardizes Lousiana's Bright Energy Future

Author: Lisa A. Rickard, President, U.S. Chamber Institute for Legal Reform | November 05, 2013 | News and Blog

Louisiana has long been a center of the oil and gas industry. Unfortunately, this bright future is being clouded by Louisiana's poor lawsuit climate. Read More »

Review of Gulf Oil Spill Fund Begins

November 04, 2013 | News and Blog

A federal appeals court is set to hear objections to the multibillion gulf oil spill settlement, the Associated Press reports. BP says the administrator of the fund is misinterpreting the terms of the settlement, forcing it to pay out inflated and, in some cases, non-existent claims. Read More »

In the News Today - October 28, 2013

October 28, 2013 | News and Blog

JPMorgan agreed to pay $5.1 billion to settle claims that it misled Fannie Mae and Freddie Mac about the quality of its mortgages. Read More »

Bayou State Fund is a Voracious Frequent Filer

October 21, 2013 | News and Blog

One of the most litigious pension funds in the country, the Louisiana Municipal Police Employees' Retirement System (LMPERS), has filed at least 133 suits in a five-year period, including a 10-day stretch in February when they sued five companies, reports Fortune Magazine. Read More »

Louuisiana's Lawsuit Climate Ranks Second Worst in the Nation

Author: Mike Lepage | September 10, 2012 | Press Release

Seven in 10 business leaders say lawsuit climate 'significant factor' in determining where to expand, grow Read More »

The 2012 State Liability Systems Ranking Study

September 10, 2012 | Research

The 2012 State Liability Systems Ranking Study was conducted for the U.S. Chamber Institute for Legal Reform to explore how fair and reasonable the states' tort liability systems are perceived to be by U.S. businesses. Participants in the survey were comprised of a national sample of 1,125 in-house general counsel, senior litigators or attorneys, and other senior executives who indicated that they are knowledgeable about litigation matters at companies with at least $100 million in annual revenues. The 2012 ranking builds on previous years' work, where in each survey year all 50 states are ranked by those familiar with the litigation environment in that state. Prior to these rankings, information regarding the attitudes of the business world toward the legal systems in each of the states had been largely anecdotal. The State Liability Systems Ranking Study aims to quantify how corporate attorneys view the state systems. Read More »