Lawsuit Abuse Impact News

March 25, 2013

Associated Press | March 25, 2013
The Fifth Circuit Court of Appeals’ decision that Mississippi’s $1 million cap on noneconomic damages arising from civil litigation does not violate the state constitution’s separation of powers clause does not necessarily mean state courts have to abide by the ruling.

March 22, 2013

Wall Street Journal | Subscription Required | March 22, 2013
Commerce has moved online. Now, the disability lawsuits are following.
Louisiana Record | March 22, 2013
Louisiana has once again earned the dubious distinction of having the most expensive auto insurance rates in the country.

March 19, 2013

State Journal | March 19, 2013
House resolutions usually don't draw the partisan ire of members of the West Virginia House of Delegates, but one resolution up for adoption drew some debate March 18.

March 15, 2013

Wall Street Journal | Subscription Required | March 15, 2013
Federal lawmakers are reviving efforts to require asbestos bankruptcy trusts to detail their claim payouts in a bid to cut down on fraud across the multibillion-dollar system set up to compensate people sickened by the material.
Southeast Texas Record | March 15, 2013
Following a recent government investigation into how he got his spot on the Plaintiffs Steering Committee, Texas attorney Mikal Watts abruptly resigned from his role in the middle of the BP oil spill trial.
National Law Journal | Subscription Required | March 15, 2013
The second time was the charm for a settlement in a class action alleging that law school students paid too much for BAR/BRI bar review preparatory course materials after West Publishing Corp. and Kaplan Inc. conspired to monopolize the market. 

March 14, 2013

Wall Street Journal | Subscription Required | March 14, 2013
The apparently bogus claim is a footnote in the history of the multibillion-dollar asbestos-litigation industry, but it illustrates a troubling underside of the nation's longest-running tort. With dozens of asbestos-related manufacturers forced into bankruptcy, a burgeoning swath of the legal action has shifted out of the courtroom and into a nebulous world of trusts that evaluate claims and authorize payouts with little outside scrutiny.
Bloomberg | March 14, 2013
Fraudulent claims for asbestos exposure are shortchanging companies and legitimate victims, former judge and McCarter & English attorney Peggy L. Ableman testified today in support of legislation aimed at curtailing false claims on an estimated $30 billion in assets.
Wall Street Journal | Subscription Required | March 14, 2013
Bankruptcy trusts paying claims to sickened victims of companies that once made dangerous asbestos products aren't "limitless, bottomless pits of money," according to Rep. Blake Farenthold, who backs more scrutiny for their payment activities.