News & Blog

GOP Lawmakers Introduce Measures to Repeal CFPB Rule

July 21, 2017 | More than a dozen Republican senators, including most GOP members of the Senate Banking Committee, introduced a resolution Thursday morning to repeal the CFPB rule under the Congressional Review Act (CRA), writes the Hill.

In the News Today - July 21, 2017

July 21, 2017 | The U.S. Supreme Court has set Oct. 2 as the date for oral arguments in a closely watched battle over the legality of arbitration agreements requiring workers to waive their rights to file class or collective actions against their employers, according to a notice filed Wednesday

GOP Lawmakers Introduce Measures to Repeal CFPB Rule

July 21, 2017 | News and Blog

More than a dozen Republican senators, including most GOP members of the Senate Banking Committee, introduced a resolution Thursday morning to repeal the CFPB rule under the Congressional Review Act (CRA), writes the Hill. Read More »

In the News Today - July 21, 2017

July 21, 2017 | News and Blog

The U.S. Supreme Court has set Oct. 2 as the date for oral arguments in a closely watched battle over the legality of arbitration agreements requiring workers to waive their rights to file class or collective actions against their employers, according to a notice filed Wednesday Read More »

Senator Cotton Lays Out Plan For Stopping the CFPB Rule at ILR Event

July 20, 2017 | News and Blog

On Wednesday, the U.S. Chamber Institute for Legal Reform and the U.S. Chamber's Center for Capital Markets Competitiveness held a panel discussion on the CFPB's final anti-arbitration rule, implications for the business community, and a variety of next steps. Senator Tom Cotton headlined the event. Read More »

In the News Today - July 20, 2017

July 20, 2017 | News and Blog

Asset manager Connection Capital has secured its largest ever fundraise – an 8 million pound investment into litigation funder Therium. Read More »

In the News Today - July 19, 2017

July 19, 2017 | News and Blog

"On a June Monday, lawyers in a trial over Johnson & Johnson's talcum powder scrambled to explain to a St. Louis judge whether a U.S. Supreme Court decision handed down that morning doomed their case," writes the National Law Journal. Read More »

The CFPB's Arbitration Rule Showdown Continues

July 19, 2017 | News and Blog

The acting head of the Office of the Comptroller of the Currency, Keith Noreika, has asked CFPB director Richard Cordray to delay allowing the CFPB's arbitration rule to go into effect, writes the National Law Journal. The rule is slated to be published in the Federal Register today. Read More »

Key Securities Regulator "Urges Companies to Pursue Mandatory Arbitration Clauses"

July 18, 2017 | News and Blog

Michael Piwowar, a key U.S. securities regulator, voiced support for possibly allowing companies to include language in their initial public offering paperwork that would require shareholders to resolve claims through arbitration, writes Reuters. Read More »

In the News Today - July 18, 2017

July 18, 2017 | News and Blog

A federal judge in Missouri dismissed a large number of claims by out-of-state plaintiffs against Bayer for alleged issues with its birth control device, saying the plaintiffs lack personal jurisdiction in the state of Missouri. Of the 94 plaintiffs who brought a proposed class against the pharmaceutical company, only 7 are residents of the state. Read More »

2016 Unprecedented Year In Securities Class Actions Filings; 2017 Projected to Surpass Previous Year

July 17, 2017 | News and Blog

According to a report published by NERA Economic Consulting, a record 300 securities class action complaints were filed in 2016 in federal courts, a 32 percent increase from 2015. Read More »

In the News Today - July 17, 2017

July 17, 2017 | News and Blog

David Slater has been fighting for years over who has the copyright to photos taken by monkeys using his camera, and says he is now struggling as a result. Slater has been embroiled in arcane legal wrangling since 2011 over the authorship of the "monkey selfie," and said that he is now "seriously on the verge of packing it all in" due to the excessive costs associated with defending himself in court. Read More »

Sheldon Silver Corruption Conviction Overturned by Three Judge Panel

July 14, 2017 | News and Blog

"One more time, Mr. Silver was able to beat big numbers with smaller ones," writes the New York Times as a three judge panel has overturned Sheldon Silver's jury conviction for bribery and money laundering. Read More »

GOP Lawmakers Introduce Measures to Repeal CFPB Rule

July 21, 2017 | News and Blog

More than a dozen Republican senators, including most GOP members of the Senate Banking Committee, introduced a resolution Thursday morning to repeal the CFPB rule under the Congressional Review Act (CRA), writes the Hill. Read More »

In the News Today - July 21, 2017

July 21, 2017 | News and Blog

The U.S. Supreme Court has set Oct. 2 as the date for oral arguments in a closely watched battle over the legality of arbitration agreements requiring workers to waive their rights to file class or collective actions against their employers, according to a notice filed Wednesday Read More »

Senator Cotton Lays Out Plan For Stopping the CFPB Rule at ILR Event

July 20, 2017 | News and Blog

On Wednesday, the U.S. Chamber Institute for Legal Reform and the U.S. Chamber's Center for Capital Markets Competitiveness held a panel discussion on the CFPB's final anti-arbitration rule, implications for the business community, and a variety of next steps. Senator Tom Cotton headlined the event. Read More »

In the News Today - July 20, 2017

July 20, 2017 | News and Blog

Asset manager Connection Capital has secured its largest ever fundraise – an 8 million pound investment into litigation funder Therium. Read More »

In the News Today - July 19, 2017

July 19, 2017 | News and Blog

"On a June Monday, lawyers in a trial over Johnson & Johnson's talcum powder scrambled to explain to a St. Louis judge whether a U.S. Supreme Court decision handed down that morning doomed their case," writes the National Law Journal. Read More »

The CFPB's Arbitration Rule Showdown Continues

July 19, 2017 | News and Blog

The acting head of the Office of the Comptroller of the Currency, Keith Noreika, has asked CFPB director Richard Cordray to delay allowing the CFPB's arbitration rule to go into effect, writes the National Law Journal. The rule is slated to be published in the Federal Register today. Read More »

Key Securities Regulator "Urges Companies to Pursue Mandatory Arbitration Clauses"

July 18, 2017 | News and Blog

Michael Piwowar, a key U.S. securities regulator, voiced support for possibly allowing companies to include language in their initial public offering paperwork that would require shareholders to resolve claims through arbitration, writes Reuters. Read More »

In the News Today - July 18, 2017

July 18, 2017 | News and Blog

A federal judge in Missouri dismissed a large number of claims by out-of-state plaintiffs against Bayer for alleged issues with its birth control device, saying the plaintiffs lack personal jurisdiction in the state of Missouri. Of the 94 plaintiffs who brought a proposed class against the pharmaceutical company, only 7 are residents of the state. Read More »

2016 Unprecedented Year In Securities Class Actions Filings; 2017 Projected to Surpass Previous Year

July 17, 2017 | News and Blog

According to a report published by NERA Economic Consulting, a record 300 securities class action complaints were filed in 2016 in federal courts, a 32 percent increase from 2015. Read More »

In the News Today - July 17, 2017

July 17, 2017 | News and Blog

David Slater has been fighting for years over who has the copyright to photos taken by monkeys using his camera, and says he is now struggling as a result. Slater has been embroiled in arcane legal wrangling since 2011 over the authorship of the "monkey selfie," and said that he is now "seriously on the verge of packing it all in" due to the excessive costs associated with defending himself in court. Read More »

Sheldon Silver Corruption Conviction Overturned by Three Judge Panel

July 14, 2017 | News and Blog

"One more time, Mr. Silver was able to beat big numbers with smaller ones," writes the New York Times as a three judge panel has overturned Sheldon Silver's jury conviction for bribery and money laundering. Read More »

Survey: Rx Drug Lawsuit Ads Could Scare Millions Out Of Taking their Medications

June 22, 2017 | Press Release

One in four Americans taking certain prescribed medicines say they would stop taking them immediately-without consulting their doctor-after seeing ads promoting lawsuits against the drugs' manufacturers, according to a new national survey released today by the U.S. Chamber Institute for Legal Reform (ILR). Read More »

U.S. Chamber Report: Ohio Law to Curb "Double Dip" Asbestos Claims Ensures Fairness Without Burdening Plaintiffs

May 04, 2017 | Press Release

A new report released today by the U.S. Chamber Institute for Legal Reform (ILR) highlights how Ohio's asbestos trust transparency law has been effective at discouraging fraud and abuse without compromising the interests of plaintiffs. Ohio enacted its law in 2013 to prevent plaintiffs' lawyers from gaming the asbestos litigation system by making inconsistent claims in asbestos lawsuits and before asbestos bankruptcy trusts. Read More »

U.S. Chamber Commends West Virginia Governor for Passing Legislation to Curb Frivolous Lawsuits

April 24, 2017 | Press Release

Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today on passage of S.B. 563 to reduce frivolous lawsuits and improve the business climate in the state of West Virginia. The bill was signed by Gov. James Justice on April 24. Read More »

U.S. Chamber Commends Missouri Governor for Signing Legislation to Improve Expert Evidence Standards

March 28, 2017 | Press Release

Lisa A. Rickard, President of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today on passage of H.B. 153 to address expert evidence standards and ensure junk science is kept out of courts in the state of Missouri. The bill was signed by Gov. Eric Greitens on March 28th. Read More »

U.S. Chamber Report: Class Action Litigation Systems in Europe Are Open to Abuse

March 21, 2017 | Press Release

A new report released today by the U.S. Chamber Institute for Legal Reform (ILR) shows collective redress litigation models, known as class actions in the U.S., are proliferating across Europe, but the systems are developing without safeguards to protect consumers and employers. Read More »

U.S. Chamber Applauds Kentucky Legislature for Continued Commitment to Legal Reform

March 20, 2017 | Press Release

Harold Kim, Executive Vice President of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today on passage of S.B. 4 addressing medical liability, and H.B. 233 addressing post-judgment interest rate reform. Both bills were signed by Gov. Matt Bevin on March 16th and will become law on June 14th. Read More »

U.S. Chamber Hails South Dakota for Joining Chorus of States, Congress in Combatting Asbestos Fraud

March 15, 2017 | Press Release

Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform, made the following statement today on South Dakota's enactment of S.B. 138. Read More »

U.S. Chamber: House-Passed Lawsuit Abuse Reduction Act Will Curb Plaintiffs' Lawyer Gaming of Justice System

March 10, 2017 | Press Release

Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today about the passage of the "Lawsuit Abuse Reduction Act of 2017" (H.R. 720) by the U.S. House of Representatives. Read More »

U.S. Chamber Commends House Passage of Innocent Party Protection Act

March 09, 2017 | Press Release

Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today about the passage of the "Innocent Party Protection Act of 2017" (H.R. 725) by the U.S. House of Representatives. Read More »

U.S. Chamber Applauds House Passage of Class Action Litigation and Asbestos Trust Transparency Bill

March 09, 2017 | Press Release

Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today about the passage of the "Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency (FACT) Act of 2017" (H.R. 985) by the U.S. House of Representatives. Read More »

The ILR Research Review - Spring 2017

May 08, 2017 | Research

This edition of the ILR Research Review offers valuable insights from ILR's recent research on the latest trends in litigation and the tactics and strategies entrepreneurial plaintiffs' firms are using to expand their business models and bring more lawsuits in local, state, federal, and international courts. Read More »

Watching it Work: The Impact of Ohio's Asbestos Trust Transparency Law on Tort Litigation in the State

Author: Maryellen K. Corbett and Matthew M. Mendoza, Calfee, Halter & Griswold LLP | May 04, 2017 | Research

This report analyzes the impact that Ohio's 2013 asbestos trust transparency law has had on asbestos tort litigation in the state and concludes that trust transparency reforms appear to have accomplished the goal of ensuring transparency and fairness without causing delays in case resolution. Read More »

Engineered Liability: The Plaintiffs' Bar's Campaign to Expand Data Privacy and Security Litigation

Author: Divonne Smoyer and Kimberly Chow, Reed Smith LLP | April 19, 2017 | Research

As data breaches are becoming more commonplace, the plaintiffs' bar is engineer a staggering expansion of liability in the areas of privacy and data security. Class action lawyers are pursuing data privacy cases and amassing fortunes even where no one has been harmed. This paper examines the data privacy and security legal landscape, plaintiffs' bar tactics, major cases and settlements, and a suggested framework for reform. Read More »

Torts of the Future: Addressing the Liability and Regulatory Implications of Emerging Technologies

Author: Cary Silverman, Phil Goldberg & Jonathan Wilson, Shook, Hardy & Bacon L.L.P. | March 29, 2017 | Research

Torts of the Future examines the emerging technology sectors of autonomous vehicles, commercial drones, private space exploration, the "sharing economy," and the Internet of Things, and assesses the existing regulatory and litigation environments and future liability trends for each. The paper also draws from experience in each area to present guiding principles for addressing the liability and regulatory implications of emerging technologies. Read More »

The Growth of Collective Redress in the EU: A Survey of Developments in 10 Member States

Author: Ken Daly, Sidley Austin LLP | March 21, 2017 | Research

This paper examines the 'state of play' of collective redress in 10 Member States in the EU and suggests minimum necessary safeguards to prevent litigation abuse taking hold in Europe. Read More »

The Food Court: Trends in Food and Beverage Class Action Litigation

Author: Cary Silverman and James Muehlberger, Shook, Hardy & Bacon L.L.P. | February 24, 2017 | Research

This paper examines the emerging litigation trends in the food and beverage industry and makes concrete recommendations for reforms, outlining the role that the courts, legislatures, and regulatory agencies all have in restoring common sense to food class action litigation. Read More »

Covering the Contractors: The Current State of the Government Contractor Defense

Author: John B. Bellinger III, Reeves Anderson, and Sally Pei, Arnold & Porter LLP | February 06, 2017 | Research

This research examines the current state of the government contractor defense, the role of the federal government in litigation against contractors, and some of the questions that still need to be addressed by the courts. Read More »

The ILR Research Review - Winter 2016

December 28, 2016 | Research

This edition of the ILR Research Review offers valuable insights from ILR's latest research on the increasing use of contingency fee counsel by local governments, asbestos "double dipping," trends in trial lawyer drug and device advertising, and the public's views on data privacy liability and legal reform issues. Read More »

Disconnects & Double-Dipping: The Case for Asbestos Bankruptcy Trust Transparency in Virginia

Author: Mark A. Behrens, Shook, Hardy & Bacon L.L.P. | December 06, 2016 | Research

This report highlights the disconnect between asbestos bankruptcy trust and asbestos personal injury lawsuit systems by examining Garlock and other cases that expose the widespread asbestos trust manipulation and specifically looks at trust claim activity in wrongful death cases in Newport News, Virginia. Read More »

Big Bucks and Local Lawyers: The Increasing Use of Contingency Fee Lawyers by Local Governments

Author: Michael Maddigan, Hogan Lovells | October 26, 2016 | Research

The increasing use of contingency fee counsel by local government entities is a disturbing trend that poses real risks to the fair and impartial administration of justice. Read More »

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