New York

New York is ranked #21 in the 2015 Lawsuit Climate Survey: Ranking the States. Although New York City was named one of the cities or counties with the least fair and reasonable litigation environments, the state overall was second in the country for having and enforcing meaningful venue requirements, and fourth for its handling of scientific and technical evidence.

New York at a Glance

NERA Study: Impact of Lawsuit Reform Get the Full Report
$4,320 Potential Tort Cost
Reduction ($1,000,000)
0.84% - 2.27% Potential Increase
in Employment
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All Results for New York

In the News Today - September 17, 2015

September 17, 2015 | Insights

The resignation of former New York Speaker Sheldon Silver after being indicted on "fraud and racketeering" charges related to an asbestos plaintiffs' firm, along with the troubling findings in the Garlock bankruptcy case, could provide momentum for Congress to pass the Fairness in Asbestos Claims Trust (or, FACT) ACT this month. (The Huffington Post) Read More »

Survey: Companies Say State Lawsuit Climates More Important than Ever in Deciding Where to Grow

September 10, 2015 | Press Release

New Poll Shows Several Large States Like California and Illinois Rank Among the Worst Litigation Environments for Businesses; Delaware at Top Spot Read More »

In the News Today - September 9, 2015

September 09, 2015 | Insights

The head of the Illinois-based Better Government Association highlights a University of Illinois professor's proposal for breaking the state's budget stalemate between Governor Bruce Rauner and the legislature, which includes legal reform. He writes that the governor should "give Democrats a choice between stricter rules on where to file personal injury lawsuits, restricting 'pain and suffering' awards, or sponsoring a constitutional amendment to determine if voters wanted to limit certain damages." (The Herald & Review) Read More »

In the News Today - September 1, 2015

September 01, 2015 | Insights

The New York City Asbestos Litigation (NYCAL) case management order is 27 years old, and some defendants have sought a stay on existing cases until the CMO is revised. Last week, NYCAL Judge Peter Moulton rejected the requested stay, but did grant a motion to negotiate a modification of the CMO, saying that a "complete re-examination of the CMO" is warranted. (Legal Newsline) Read More »

In the News Today - August 27, 2015

August 27, 2015 | Insights

A Wisconsin personal injury firm has filed its second TCPA class action lawsuit over allegedly unsolicited faxes ... this time against a lawsuit lending firm. (Legal Newsline) Read More »

In the News Today - August 19, 2015

August 19, 2015 | Insights

In a case that "essentially establishes that 'valuable student internships' are covered" under the Foreign Corrupt Practices Act (FCPA), the U.S. Securities and Exchange Commission reached a $14.8 million settlement with Bank of New York Mellon Corp. over accusations the bank provided internships to relatives of foreign officials in violation of the FCPA. The bank has not admitted any wrongdoing. (Wall Street Journal) Read More »

In the News Today - August 18, 2015

August 18, 2015 | Insights

The U.S. Securities and Exchange Commission reportedly has extracted a $180 million settlement from Citigroup related to hedge fund accusations. (Wall Street Journal) Read More »

Federal Judge Strikes Blow to SEC In-House Courts

August 13, 2015 | Insights

U.S. District Judge Richard Berman in Manhattan yesterday ruled (Duka v SEC) that the U.S. Securities and Exchange Commission's method for appointing in-house judges is "likely unconstitutional." Read More »

In the News Today - August 12, 2015

August 12, 2015 | Insights

The National Law Review takes a look at how the FCC's recent order on the Telephone Consumer Protection Act (TCPA) impacts reassigned numbers. The rule "creates a trap for law-abiding companies by giving litigious individuals a reason not to inform callers about a wrong number," according to dissenting FCC Commissioner Ajit Pai. (National Law Review) Read More »

In the News Today - August 10, 2015

August 10, 2015 | Insights

A New York federal judge ruled that Amarin Pharma Inc. has a "constitutional right to make certain truthful and nonmisleading statements about off-label uses" of omega-3 drug Vascepa, "striking a blow to the U.S. Food and Drug Administration's restrictions on product marketing." (Law360) Read More »

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